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Mortgage Refinance Calculator

Our Mortgage Refinance Calculator calculates the monthly mortgage payment and net interest savings of a Florida Refinance Loan. As well it calculates how many months, or years, it can take for you to “break even” on the total costs of a new refinance loan. Many times savings can be immediate by just a lowering of the interest rate.
 
Enter the principal balance of your mortgage:
Enter the amount of your monthly mortgage payment:
Enter your mortgage's current interest rate:
Enter interest rate you will be refinancing at:
Enter the number of years you will be refinancing for:
Enter the closing costs :
(Typically, number of points is "1" or dollar amount is .01 times the principal)
Would you like to finance the closing costs?
This is your monthly payment if you refinance:
Monthly Payment Reduction:
# of months for interest savings to offset closing costs:
The interest you pay under your current mortgage:
Interest you will pay under your monthly payment plan:
This is how much interest you will save if you refinance:
Net Savings (interest savings less closing costs):
 
 
  • Every mortgage loan is handled by one of our licensed Mortgage Brokers with years of experience in brokerage and each file is processed in house by one of our highly trained loan processors. You can be rest assured that your loan will close on time with no hassles at all.

    Experience, dedication, a hard work ethic and a devotion to customer service like no other has helped us grow into one of the fastest growing mortgage Lender companies in Florida. Apply online today and see why our commitment to each individual customer makes us the forefront leader in the mortgage industry.
     
Equal Housing Lender 19705 S. Dixie Highway Cutler Bay, FL 33157
Phone :     305-270-8526
Toll Free : 1-866-756-0696

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