Refinance Calculator

funding calculator

You can use this handy mortgage refinancing calculator to see how much you can save by refinancing your existing mortgage. Refinancing calculator, Finance calculator, Mortgage calculator, Hypothekenrechner Type the following numbers from your existing and planned mortgages. Don't type $ characters or "," in the numbers. Type in 100,000, not $100,000. Fill in the amount of your actual loan (ask your guarantor for the actual payout or have a look at your last statement): Fill in your actual loan amount:

Specify the interest rates on your mortgage: Specify the interest that you can use to refinance: Specify the number of years in which you can refinance: Specify the acquisition cost you will incur for the refinancing: When you refinance, this is your new month's payment: Save money monthly: Here is how much interest you will underpay your actual mortgage:

Here is how much interest you will be paying under your new funded mortgage: You' re going to be saving this much interest if you refinance and keep the new mortgage: the net refinancing saving (interest saving less acquisition costs):

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Use this calculator to help you determine whether or not you should refinance your existing mortgages at a lower interest or not. This calculator not only calculates the montly payments and the net interest saving, but also how many month it takes until the acquisition cost is balanced.

Type in the main credit of your mortgage: Type in the amount of your total loan amount per month (Principal & Interest Only only): Specify the interest rates on your mortgage: Specify the interest at which you want to carry out refinancing: Specify the number of years for which you want to carry out refinancing: Specify the acquisition costs: Do you want to pay the closure fees?

Here is how much your total month payout will be when you refinance: Reduced payments per month: interest saving to compensate for the acquisition costs: Here is how much interest you will be paying under your actual month to month payments plan: Here is how much interest you will be paying under your funded monthly installment plan:

Here is how much interest you will be saving when you refinance: the net refinancing saving (interest saving less acquisition costs):

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