Mortgage Loan Calculator

 Your Loan Information:
Principal Balance of your mortgage :
(call your mortgage lender for the current payoff amount)
Amount of your monthly mortgage payment:
Mortgage current interest rate:
Interest rate you will be refinancing at:
Number of years you will be refinancing for:
Closing costs required for refinancing:
 
 Results of Refinancing:
This is how much your monthly payment will be if you refinance:
Monthly Savings:
This is how much interest you will pay under your current monthly payment plan:
This is how much interest you will pay under your refinanced monthly payment plan:
This is how much interest you will save if you refinance:
Net Refinancing Savings (interest savings less closing costs):