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Should I Refinance?
Input Information
Before Refinancing
After Refinancing
Amount :
($)
Interest Rate :
(%)
(%)
Length :
(Yrs)
(Yrs)
Months Paid :
(Mts)
Years Before Sell :
(Yrs)
Fees and Points
Points :
(%)
Origination Fees :
(%)
Closing Costs :
($)
Your Taxes Rates
Tax Rate :
(%)
State Tax Rate :
(%)
Let Me Print That Form in PDF!
Show Schedule Table
Financial Analysis
Before Refinancing
After Refinancing
Monthly Payment :
$1,621.50
$1,189.14
Total Monthly Payments :
$97,289.71
$71,348.16
Monthly Payment Savings :
$25,941.55
Total Interests Paid :
$75,852.94
$50,596.74
Tax Savings :
$23,514.41
$15,684.99
Tax Saving Losses :
$7,829.42
Balance at Refinance :
$234,689.27
Points Value :
$2,346.89
Refinance amount :
$234,689.27
Balance at Sale :
$213,252.50
$213,937.85
Balance Losses :
$685.36
Total Losses :
$8,514.78
Total Closing Costs :
$3,546.89
Total Savings :
$25,941.55
Total Benefit
(Savings - Losses - Closing) :
$13,879.88
DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.
Mortgage calculators
by MSTools
