Home Refinance Calculator

Home Refinance Calculator

Enter the principal balance of your mortgage: (call your mortgage lender and ask for the current payoff amount)
300000
Enter the amount of your monthly mortgage payment:
2500
Enter the your mortgage's current interest rate:
9.5
%
Enter interest rate you will be refinancing at:
6.9
%
Enter the number of years you will be refinancing for:
4
Yr
Enter the closing costs that will be required for refinancing: (If you're not sure, multiply your current balance owed by .02 )

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