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Mortgage Refinance Planner

Keep '-' and '+' buttons at the slider ends pressed for smaller adjustments to go faster.

Personal Information
Marginal tax rate
Resale Plan (months) Tooltip
Original Mortgage Terms
Mortgage amount
Mortgage term (years)
Mortgage rate
Months Paid
New Mortgage Terms
Refinance Mortgage Rate
Refinance Term
Refinance Fees
Application Fees

Refinance benefits start when the Interest Rate is below: 5.75 %
Analysis     Original     New
Mortgage amount        
Mortgage payment        
Months to recover refinancing costs     -     14
Mortgage balance at resale        
Principal repaid to resale        
Total payments to resale        
Total interest to resale        
Tax deduction on interest        
Net interest cost to resale        
Interest savings (costs)     -    
Total savings (costs)     -