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