Mortgage Refi Calculator

equity refinance calculator


Original Mortgage Amount Borrowed:		$
Mortgage Terms in Years:		yrs
Current Mortgage Interest Rate:		%

Amount Needed to Payoff Mortgage:		$
Your "Best Rate" Rate: Note: your rate may vary depending on credit quality, LTV position and loan amount.		%
*
Your Current Monthly Mortgage Payment		$
Your New Monthly Payment if Your Paid Off Your Mortgage Using the Equity in Your Home
	15-Year Term	20-Year Term
New Monthly Payment	$	$
Monthly Savings	$	$
		30-Year Term
New Monthly Payment		$
Monthly Savings		$



(the following links will open a new window) Refinance break-even calculator: http://www.dinkytown.net/Java/MortgageCompare.html Refinance interest savings calculator: http://www.dinkytown.net/java/ShouldIRefi.html Increasing your mortgage payment / mortgage payoff: http://www.dinkytown.net/Java/MortgagePayoff.html Mortgage Tax Savings Calculations: http://www.dinkytown.net/java/MortgageTaxes.html

* Calculations are based upon the assumptions you entered. Please note that rounding errors can make a small difference in calculations. Your actual mortgage lending rate may vary depending on your credit quality and lender. The circumstances surrounding your credit and loan qualifications may result in different calculations.

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