Am I better off refinancing?
Regarding your current loan
Original loan amount
$
Original
term
(years)
Years already paid
Balloon
year (zero if none)
Interest rate
%
Regarding your new loan
Term
(years)
Balloon
year (zero if none)
Discount
points
%
Origination fee
%
Upfront costs
$
Interest rate
%
Regarding your property
Appraised value
$
Yearly
property tax
$
Yearly
property insurance
$
Regarding yourself
Your
savings rate
%
Your state + federal
tax rate
%
Years before you sell
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MENU
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How much can I borrow?
|
Fixed Payment
|
ARM Payments
|
Fixed vs. ARM
|
15 vs. 30 yr
|
Down Payment
|
Tax Savings
|
Rent vs. Buy
|
Refinancing
|
Refi Costs
|
Mortgage Insurance
|
Prepayment
|
How much can I afford?