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Should I refinance?

Current Mortgage

Original Loan Amount:

Term (Years):

Interest Rate (A.P.R.):

Years Already Paid:

Years

Months

Refinanced Mortgage

Term (Years):

Interest Rate:

Closing Costs and Fees:

Mortgage Balance:

Current Monthly Payment:

New Monthly Payment:

Month(s) To Recover Finance Cost:

NOTE: This calculator is intended for informational purposes only. It is NOT intended as a disclosure or offer of credit. Your actual payments or savings may vary. Interest is calculated at beginning of period. Your browser must support JAVASCRIPT to use this calculator.

Your calculated Monthly Payment does not include: taxes, insurance, and assessments.