Should I Refinance?
Mortgage Balance:
What amount of your current mortgage is not yet paid?
What is your Monthly Mortgage Payment:?
What is the interest rate that you are paying?
What Interest Rate are you trying to get for your refinancing?
How many Years will the new Loan be for? (Number of years)
What is the Closing Cost estimate given to you by your Broker?
(This value is usually listed in points.)
in points
in dollar value
This is how much your monthly payment will be if you refinance:
Monthly Payment Reduction:
This is how much interest you will save if you refinance:
Net Refinancing Savings (interest savings less closing costs):
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