Mortgage Refinance Calculator

Mortgage Refinance Calculator

Mortgage Amount: Current Mortgage Balance: $98,663.79
Interest Rate: New Mortgage Balance: $98,663.79
Mortgage Amortization: Interest on Mortgage: $121,143.80
Payment Type: Interest on New Mortgage: $77,721.34
Payments Made:
New Interest Rate: Interest Savings: $43,422.46
New Mortgage Amortization: Monthly Savings: $175.26
New Payment Type:
Prepayment Penalties:
Closing Costs:
The refinancing breaks even in 11 months.
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