Principal & Interest Calculator
To use this calculator, simply enter the details of your proposed loan on the 1st line. If you have other options you’d like to consider, enter those details in lines 2 and 3.

The “should I refinance” Calculator?
This is indicitive information only and should not be relied upon in any way.
NOTE: Calculates principle & interest only.

Enter the current balance (payout) of your mortgage:
Enter your current monthly mortgage payment:
Enter your current mortgage’s interest rate:
(Eg. enter 8% as 8)
Enter the proposed interest rate you will be refinancing at:
(Eg. enter 8% as 8)
Enter the proposed number of years you will be refinancing for:
Enter the proposed closing costs that will be required for refinancing: