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Home Mortgage Refinance

Refinance Calculator


Use the Refinance Calculator to help you calculate your mortgage options, monthly payments, total benefits and borrowing potential. eHomeMortgageRefinance.com is committed to providing users with the most up to date, relevant and trusted mortgage tools and resources to help you make the best financial decision possible.

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Should I Refinance?

Input
Loan Info
Amount ($)
Interest (%) (%)
Loan Length (Yrs) (Yrs)
Months Paid (Mts)
Years Before Sell (Yrs)
Refinansing Fees
Points (%)
Origination Fees (%)
Closing Cost ($)
Your Tax Rates and Deductions
Your Tax Rate (%)
State Tax (%)
Financial Analysis
  Original Loan Refinanced Loan
Monthly Payment $1,247.74 $1,080.08
Total Monthly Payment $74,864.39 $64,804.94
Monthly Payment Savings $10,059.44
Total Interest Paid $56,931.13 $51,409.13
Tax Savings $17,648.65 $15,936.83
Tax Saving Losses $1,711.82
Balance at Refinance $186,950.49
Points Value $1,869.50
Amount Refinanced $185,080.98
Balance at Sale $169,017.23 $171,685.17
Balance Losses $2,667.94
Total Losses $4,379.76
Total Closing Cost $4,004.26
Total Benefits $1,675.43

Loan Type Today
1-Year ARM 5.46%
5/1 ARM 5.75%
15-Year Fixed 6.14%
30-Year Fixed 6.29%
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