Great Homes. Great Rates. It's Time! 

3301 13th Avenue South
Fargo, North Dakota 58103
(701) 461-8450 or (800) 373-5654
   
 
 
 
 

Refinance Breakeven Point Calculator
 

Mortgage Calculator
How much can I  afford?
Refinance Breakeven Point


 
Enter your CURRENT LOAN Information
Select the Month you started making payments on your current loan:
Enter the Year you started making payments on your current loan:
Enter the Original Amount of your current loan:
Enter the Term of your current loan: years
Enter the Interest Rate of your current loan:  %
Remaining balance of your current loan:
(automatically calculated based on the numbers entered above)
Enter proposed NEW LOAN Information
Enter the Term of the new loan: years
Enter Interest Rate of the new loan:  %
Enter the estimated Closing Costs (including "points," if any):

Break-Even Point Analysis
Your CURRENT monthly payment:
Your NEW monthly payment:
Monthly Savings:
Your Refinance Break-Even Point:
(How long it will take for the payment savings to offset the closing costs paid)

Interest Savings Analysis Current Loan NEW Loan
Number of payments made:
Number of payments remaining:
(as of refinance date)
Total interest paid:
(as of refinance date)
Total unpaid interest:
(as of refinance date)
Total interest saved:
(over the life of the loan)

Apply Online to Refinance Now!
 


























 

 

Programs, rates, terms and conditions are subject to change without notice.
Some restrictions may apply.

© Valley Mortgage, Inc. 2006. All Rights Reserved.


 

 

Equal Housing Lender