Should I refinance?

Current Mortgage
Original Loan Amount $
Interest Rate   %
Term (Years)  
Years Paid   Years   Months
Refinanced Mortgage
Interest Rate   %
Term (Years)  
Closing Cost and Fees $
Loan Balance: $
Current Monthly Payment is: $
New Monthly Payment is: $
Month(s) to Recover Refinance Cost:  
Your calculated Monthly Payment does not include: taxes, insurance, and assessments.
NOTE: This calculator is intended for informational purposes only. It is NOT intended as a disclosure or offer of credit. Your actual payments may vary. Your browser must support JAVASCRIPT to use this calculator