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Should I Refinance?
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 :
(%)
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Before Refinance
After Refinance
Monthly Payment :
$1,498.88
$1,394.77
Total Monthly Payments :
$89,932.58
$83,686.18
Monthly Payment Savings :
$6,246.40
Total Interest Paid :
$66,511.00
$67,528.12
Tax Savings :
$20,618.41
$20,933.72
Tax Saving Losses :
$-315.31
Balance at Refinance :
$232,635.89
Points Value :
$2,326.36
Refinance amount :
$232,635.89
Balance at Sale :
$209,214.31
$216,477.83
Balance Losses :
$7,263.52
Total Losses :
$6,948.21
Total Closing Cost :
$3,526.36
Total Savings :
$6,246.40
Total Benefit
(Savings - Losses - Closing) :
$-4,228.17
