Mortgage Refinance Calculator
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Mortgage Refinance Calculator
Mortgage Refinance Calculator
Mortgage Amount:
Current Mortgage Balance:
$98,663.79
Interest Rate:
New Mortgage Balance:
$98,663.79
Mortgage Amortization:
40 years
39 years
38 years
37 years
36 years
35 years
34 years
33 years
32 years
31 years
30 years
29 years
28 years
27 years
26 years
25 years
24 years
23 years
22 years
21 years
20 years
19 years
18 years
17 years
16 years
15 years
14 years
13 years
12 years
11 years
10 years
9 years
8 years
7 years
6 years
5 years
4 years
3 years
2 years
1 years
Interest on Mortgage:
$121,143.80
Payment Type:
weekly
bi-weekly
accelerated weekly
accelerated bi-weekly
semi-monthly
monthly
Interest on New Mortgage:
$77,721.34
Payments Made:
New Interest Rate:
Interest Savings:
$43,422.46
New Mortgage Amortization:
40 years
39 years
38 years
37 years
36 years
35 years
34 years
33 years
32 years
31 years
30 years
29 years
28 years
27 years
26 years
25 years
24 years
23 years
22 years
21 years
20 years
19 years
18 years
17 years
16 years
15 years
14 years
13 years
12 years
11 years
10 years
9 years
8 years
7 years
6 years
5 years
4 years
3 years
2 years
1 years
Monthly Savings:
$175.26
New Payment Type:
weekly
bi-weekly
accelerated weekly
accelerated bi-weekly
semi-monthly
monthly
Prepayment Penalties:
Closing Costs:
The refinancing breaks even in 11 months.
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