Principal balance of your mortgage:
(call your mortgage lender and ask for the current payoff amount)
Monthly mortgage payment:
(principal and interest portion only)
Current interest rate:
Interest rate you will be refinancing at:
Number of years you will be refinancing for:
Closing costs of refinancing:


Summary

Your monthly payment after refinance:
Monthly Savings:
Number of months to break even on closing costs:
Interest you will pay under your current monthly payment plan:
Interest you will pay under your refinanced monthly payment plan:
Interest you will save if you refinance:
Net Refinancing Savings (interest savings less closing costs):