Mortgage Refinance Comparison Calculation


Before Refinancing
Loan Amount
Interest Rate (%)	% per year
Loan Period
No. of Payments Made	Months
After Refinancing
Loan #1
New Loan Period
New Interest Rate (%)	% per year
Loan #2
New Loan Period
New Interest Rate (%)	% per year
	Calculate

Result
Current Monthly Payment
Loan #1
New Monthly Payment
Extra Monthly Payment
Loan #2
New Monthly Payment
Extra Monthly Payment