Refinance Calculator helps to make a better decision and estimate savings during refinance process.
Refinance Calculator is free to use and does not contain Ads.
Definitions:
- Mortgage amount: amount owed at initiation of mortgage.
- Interest Rate: annual rate for the mortgage.
- Terms: length of mortgage in years to pay it off.
- Refinance costs: fee for initialization of new mortgage.
Refinance Calculator could be used to calculate amount of payment and savings during refinancing of other types of loans: auto loans, personal loans, etc.
Please give us feedback to improve Refinance Calculator.