Loan Refinance Calculator

This calculator reveals what you will save (or lose) by refinancing all of your existing loans into one lower (or higher) interest rate loan. If you are borrowing against the equity in your home, you should enter the interest rate that you are currently receiving on your mortgage.

Enter each debt that you would to pay off by refinancing, along with the corresponding principal loan balances, interest rates, and monthly repayment amounts. Once you have entered all of your debts, you should make any desired changes to the "New Loan Information" default entries and then click on the "Calculate New" button.

Payment
Description
Principal
Balance
Interest
Rate
Payment
Amount
Payments
Left
Interest
Left
Totals >>>
New Loan Information
Need Additional
Cash? If So
Enter Amount Here
Interest
Rate
Number
of Years
Estimated
Closing Costs
Fed & St.
Tax Rate
%
%
Results Current New Loan
Total Principal Balance:
Effective Rate Before Taxes: % %
Effective Rate After Taxes: % %
Total of Monthly Payments:
Monthly Tax Savings:
Monthly Payment Reduction:
Total Monthly Savings:

View Other Debt Consolidation Calculators

Debt Consolidation Comparison Calculator
Debt Consolidation / Refinance Calculator

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