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Home Center
Mortgage Refinance Analysis
Refinance your house?  How much would you save?  

Mortgage rates today are much less than a few years ago.  As a result, it may pay for you to refinance your house loan.  You may have a lower payment and pay less interest.  

Are you a saver?  If so try our other calculator which shows monthly payment savings going into a savings account.

Refinance House Loan Information
Amount of ORIGINAL loan:
ORIGINAL Loan Term in Years:
ORIGINAL Loan Interest Rate:
Number of monthly payments you've already made:
   
Interest rate of NEW Loan*:
Credit Union Average Simple Interest Rate
(This is Not APR)
(November 17 2009)		30 year fixed: 4.708%
15 year fixed: 4.25%
5/1 Arm: 4.33%
NEW Loan Term in Years:
Discount Points Charged on NEW Loan:
* You should use the Simple Interest Rate, not APR