Refinance Analysis Calculator

Mortgage Refinancing Calculator
This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.
Enter the principal balance of your mortgage:
(call your mortgage lender and ask for the current payoff amount)
Enter the amount of your monthly mortgage payment (Principal & Interest Only):
Enter your mortgage's current interest rate:
Enter interest rate you will be refinancing at:
Enter the number of years you will be refinancing for:
Enter the closing costs :
(Typically, # of points is "2" or dollar amount is .02 times the principal)
Would you like to finance the closing costs?
 

 

 
 

Free Consultation

Complete this 30 second form to receive a no obligation consulation. We will analyze your situation and determine the best solution.

Name*:
Phone1*:
Phone2:
Best Time:
Email:
Zip Code:
Loan Type:
 

Free Newsletter Signup

Need More information

Call Us: (909) 945-8777
Email Us: berriosteam@ihfloans.com

 

Licensed under the Deprtment of Business Oversight under the California Residential Mortgage Lending Act.

NMLS 155795 NMLS 155797