Financial Calculators

1st Source wants to help you make financial decisions that are right for you. That's why we're providing easy-to-use planning calculators to assist you with your financial goals.

Refinancing Calculator

	Current Loan	Refinance	Savings
Monthly Payment	$ 1,200.00	$ 658.60	$ 541.40
Origination Cost	$ 0.00	$ 1,000.00	$ -1,000.00
Loan Term (months)	130	360
Total Loan Cost (PV)*	$ 105,346.24	$ 100,860.48	$ 4,485.76

^* NOTE: The total loan cost figure is actually the present value of all the payments for each loan, using the investment rate of return as a discount rate.

If you would like to view a payment schedule, including interest, principal, and remaining balances for each payment, please select which schedule you would like to see.

Presented by

online financial calculators
for
1st Source Bank

The information provided by these calculators is for illustrative purposes only. The information entered may vary from your actual loan, mortgage, investment, or savings results. Interest rates are hypothetical and are not meant to represent any specific investment. Rates of return will vary over time, particularly for long-term investments. The calculated results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed by 1st Source Bank.