This calculator will help you decide whether or not you should refinance your current mortgage at a lower interest rate. It will calculate the monthly payment and the net interest.

  Your Loan Information:
Principal Balance of your mortgage :
(call your mortgage lender for the current payoff amount)
Amount of your monthly mortgage payment:
Mortgage current interest rate:
Interest rate you will be refinancing at:
Number of years you will be refinancing for:
Closing costs required for refinancing:
 
  Results of Refinancing:
This is how much your monthly payment will be if you refinance:
Monthly Savings:
This is how much interest you will pay under your current monthly payment plan:
This is how much interest you will pay under your refinanced monthly payment plan:
This is how much interest you will save if you refinance:
Net Refinancing Savings (interest savings less closing costs):



Copyright © 2008 . All rights reserved. Allstatemoney.com | webmail
We guarantee a positive solution regardless of your job or credit history. Give us a trial and the result will surprise you.
"At Allstate Mortgage Bankers it is our goal to see the American Dream of home ownership come to all who desire it." We've have money for just about every home purchase situation.
Find out more about our loan programs for:.
Because of the numerous factors to consider when purchasing a home, it's important to prepare as best you can. View our Frequently Asked Questions to aid your decisions.