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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.
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
MoneySearch.com .
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agent referrals, loan recommendations, application, approval, prequalification,
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