Refinance Calculator

First, tell us about your current loan:
What is the interest rate of your current mortgage?:	(%)
What is your current principal & interest payment?:	($)
(Do NOT include taxes and insurance.)
What is the outstanding balance of your current mortgage?:	($)
Next, fill-in some details about your proposed refinance:
How much would you like to refinance?:	($)
Which mortgage term would you prefer for your refinance?:
What will your new mortgage interest rate be?:	(%)
Enter the amount of closing cost for this refinance:	($)
(if unknown, then assumed 2.5% of your new loan)

Results