Portable Mortgage Calculator

See how portable mortgages could help you keep your low rate when moving to a new home

Your Current Mortgage

Enter your existing mortgage details

Current Loan Balance

Your Interest Rate

Home Values

Enter estimated values of your existing home and the home you'd like to purchase

Value of Existing Home

Value of Desired New Home

Equity Funds Applied to New Purchase (Optional)

Cash or equity from your existing home that you'll apply to the new purchase

Your Portable Mortgage Scenario

Moving to a more expensive home

Ported Loan Payment

$1,523/mo

$350,000 @ 3.25%

Additional Loan Payment

$1,225/mo

$200,000 @ 6.2%

Your Total Monthly Payment

$2,748/month

Monthly Savings vs. Market Rate

$620

That's $7,445 per year

$223,351 over 30 years

Important: This calculator provides an estimate of what portable mortgages might look like. U.S. lenders do not currently offer portable mortgages. This tool is for illustrative purposes only. For simplicity, the calculator does not factor property taxes, home insurance, or private mortgage insurance costs into the monthly payment estimates.