Refinance
Calculator
Instructions: Do not
use dollar signs or place commas in your dollar amounts (e.g. Enter $100,000 as 100000).
Do not use a percentage sign % with your interest rate entry (e.g. Enter 8.5) |
| Remaining Principal on your loan: |
|
| Monthly mortgage payment: |
|
| Your mortgage's interest rate: |
|
| Rate you will be refinancing at: |
|
| Number of years you will be refinancing
for: |
|
| Estimate of refinancing closing costs: |
|
|
|
| Your new monthly payment will be: |
|
| Monthly Savings: |
|
| Months to break even on closing costs: |
|
| Remaining Interest you will pay under
your current mortgage: |
|
| Interest you will pay under your
refinanced mortgage: |
|
| Interest amount you will save if you
refinance: |
|
| Net Refinancing Savings (interest
savings less closing costs): |
|
|
| This calculator is provided as a free service.
There is no guarantee as to the accuracy of this calculation. Please contact MORTGAGEBANK
America to have a representative calculate your refinance savings. |
