This very powerful calculator will tell you in detail whether a new loan is a good value--or not!
Term of the Original Loan
How long have you had this loan? (years/months)	/
What is the current balance of the loan?	$
What is the interest for this loan?	%
What is the balance of the new loan?	$
What is the term of the new loan?	years
What is the interest rate of the new loan?	%
What are your estimated closing costs?	%
How long do you to plan to own the home after refinancing?