Stratford Financial Group

Mortgage Refinancing Calculator

	Current mortgage			Refinanced mortgage
What is the principal balance remaining on your mortgage?	$
What is the annual interest rate?			%			%
How many years remain on the mortgage?
What will the loan origination fee be?						%
How many points will you be paying for the loan?						%
What other closing/fixed costs are there?				$

	Current mortgage			Refinanced mortgage
Total estimated refinance costs:					$
Monthly payment:		$			$
Monthly savings:					$
Break even to recover refinancing costs:	$