Evaluate Your Refinancing Options

Current Plan

Monthly
Payment
Total
Interest
Months to
Pay Off

With Additional Payment

Monthly
Payment
Total
Interest
Months to
Pay Off

If you're goal is to pay down debt faster, you might be wondering what the impact would be from different options. If you simply increased your monthly payment each month, you would pay off the loan faster and save interest costs. Another option is to refinance to a shorter term to provide a more structured plan to pay the loan off quickly. Many customers prefer the refinance option because it provides discipline in reaching their goal. This calculator shows the benefits of each option.

The accuracy of this calculator is not guaranteed by First Citizens Bank [or its affiliates] and is intended for informational purposes only. The calculator displayed does not constitute the advice of, or reflect actual products, services, rates and/or terms available from First Citizens Bank [or its affiliates] and nothing contained in the calculator shall constitute an offer or solicitation of a product or service by First Citizens Bank [or its affiliates].