Mortgage Refinance Calculator

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	Mortgage Refinance Calculator
	Our Mortgage Refinance Calculator calculates the monthly mortgage payment and net interest savings of a California Refinance Loan. It also calculates how many months, and even years, it can take for you to “break even” on the total costs of your refinance loan.

The principal balance of your mortgage:
The amount of your monthly loan payment:
Enter your mortgage's current interest rate:
Enter interest rate you will be refinancing at:
The number of years you will be refinancing for:
Enter the closing costs :
(Typically, # of points is "2" or dollar amount is .02 times the principal)
Would you like to finance the closing costs?

This is how much your payment could be:
Monthly Payment Reduction:
Number of months for interest savings to offset closing costs:
This is how much interest you will pay under your current monthly payment plan:
This is how much interest you will pay under your refinanced monthly payment plan:
This is how much interest you will save:
Net Refinancing Savings (interest savings less closing costs):

Mortgage Refinance Calculator

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Home Loans / Refinance

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