Should I Refinance?
Input Information
Before Refinance
After Refinance
Amount :
($)
Interest Rate :
(%)
(%)
Length :
(Yrs)
(Yrs)
Months Paid :
(Mts)
Years Before Sell :
(Yrs)
Fees and Points
Points :
(%)
Origination Fees :
(%)
Closing Cost :
($)
Your Taxes Rates
Tax Rate :
(%)
State Tax Rate :
(%)
Show Schedule Table
Financial Analysis
Before Refinance
After Refinance
Monthly Payment :
$1t304.12
$1t100.82
Total Monthly Payment :
$78t247.10
$66t049.23
Monthly Payment Savings :
$12t197.87
Total Interest Paid :
$51t307.55
$44t908.96
Tax Savings :
$15t905.34
$13t921.78
Tax Saving Losses :
$1t983.56
Balance at Refinance :
$228t745.59
Points Value :
$2t287.46
Refinance amount :
$226t458.14
Balance at Sale :
$201t806.04
$205t317.87
Balance Losses :
$3t511.82
Total Losses :
$5t495.39
Total Closing Cost :
$3t487.46
Total Savings :
$12t197.87
Total Benefit
(Savings - Losses - Closing) :
$3t215.03
DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.
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