Answer the question, should I refinance my mortgage? Use FHLM’s Mortgage Refinance Calculator to decide if you should refinance your mortgage.
Enter your current home loan information, along with details of a new loan to estimate your new payment. See how much you save, your new payment, lifetime savings and payoff period change. You can also set the different loan terms from a 30 year mortgage, 15 year mortgage, or a custom year mortgage.
Current Mortgage
New Mortgage
Loan Amount
$
$
Interest Rate
%
%
Loan Term
years
years
Start of Payment
Extra Principal Payment
$
Refinance Saving
per month
Lifetime Savings
New Payment
/month
Payoff Period
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