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Refinance Calculator  
 
     
  Free Refinance Calculator
 

 Mortgage Refinance Calculator

   
Current Interest Rate     %
Current Monthly Payment $  
New Loan Amount $  
New Interest Rate   
Term of new Loan    Years
Closing Costs $  
  
New Monthly Payment $  
Monthly Savings $  
Recoup Closing Costs in    Months
 
Mortgage Refinance Calculator  
   
 
  Free Mortgage Calculator

 

This refinance calculator can help you calculate new monthly principal and interest payment when you refinance your existing mortgage. It can also show your monthly savings and how many months to be needed to recoup the closing costs of this refinance transaction. Enter current monthly principal & interest payment, the new mortgage loan amount, the new interest rate, the new loan term in years, and the closing costs, then click Calculate button, your new monthly principal & interest payment, monthly savings, and months to recoup the closing costs will be displayed.

 
You can use Closing Cost Calculator to estimate the closing costs, and enter the value into the field of closing costs.
 
 
 
 
 
 
 
 
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