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Should I refinance my mortgage – Mortgage Refinance Calculator

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Mortgage Refinance Calculator

Current Mortgage Details

Current Mortgage Balance
Time left on current mortgage
Current interest rate
Current Mortgage Payment


New Mortgage Details

New loan term
New interest rate
Cash-Out
Closing Costs
Should I refinance
Reset

Mortgage Refinance Calculator Results

You are better off staying with your current mortgage. Refinancing will increase your monthly payment as well as the total interest payments over the lifetime of the mortgage.
Refinancing will help you save $500 on your monthly payment.
Refinancing will increase your monthly payment by $500.


Monthly Mortgage Payment

CURRENT
$600
– NEW
$400

SAVINGS
$200


Refinancing will help you save $500 in total interest over the lifetime of your mortgage.
Refinancing will increase your total interest by $500.

By FoodLifeAndMoney in March, 2021

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Mortgage Refinance Calculator

Current Mortgage Details

Current Mortgage Balance
Time left on current mortgage
Current interest rate
Current Mortgage Payment


New Mortgage Details

New loan term
New interest rate
Cash-Out
Closing Costs

Mortgage Refinance Calculator Results

You are better off staying with your current mortgage. Refinancing will increase your monthly payment as well as the total interest payments over the lifetime of the mortgage.
Refinancing will help you save $500 on your monthly payment.
Refinancing will increase your monthly payment by $500.


Monthly Mortgage Payment

CURRENT
$600
- NEW
$400

SAVINGS
$200


Refinancing will help you save $500 in total interest over the lifetime of your mortgage.
Refinancing will increase your total interest by $500.