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  Mortgage Refinance Calculator  
This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.
Principal balance:
Monthly mortgage payment:
(principal and interest portion only)
Current interest rate:
New interest rate:
Number of years you will be refinancing for:
Closing costs:
New monthly payment :
Monthly Savings:
Number of months to break even on closing costs:
Interest you are paying:
Interest you will pay:
Interest you will save:
Net Refinancing Savings :
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© Copyright 2004 LoanCorp Financial Inc. All Rights Reserved.
2231 E. Garvey North Suite C-1 West Covina, Ca 91791
Phone: (626) 915-5454 Fax: (626) 859-6603