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remaining principal balance on your mortgage:
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your current monthly mortgage payment (Principal & Interest Only):
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your current mortgage's interest rate:
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Refinancing interest rate:
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Refinancing term (in years):
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Enter the closing costs:
(Typically, # of points is "2" or dollar amount is .02 times the principal)
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Would you like to finance the closing costs?
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your monthly payment if you refinance:
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Monthly Payment Reduction:
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# of months for interest savings to offset closing costs:
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remaining interest you will pay under your current mortgage:
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interest you will pay under your refinanced plan:
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interest saved if you refinance:
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Net Refinancing Savings (interest savings less closing costs):
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