Payment Savings Calculator
Will my new loan save me money?
The best way to know for sure is to compare before you sign on the dotted line. Just enter your existing loan figures on the left and your proposed loan figures on the right and the totals will be calculated automatically for you. ( * ) indicates a required field.
 

Current Loan

  

Proposed Loan

Press the "Tab" key to advance or calculate.

* Original Loan Amount

  * New Loan Amount

* Current Interest Rate

  * New Interest Rate

* Original Term (Yrs.)

  * New Term (Yrs.)

Yearly Taxes

  Yearly Taxes

Yearly Insurance

  Yearly Insurance

Adjust figures above- Press "Tab" - See results below

Current Totals

 

Proposed Totals 

Current P&I Payment

  New P&I Payment

Current Monthly Taxes

  New Monthly Taxes

Current Mo. Insurance

  New Mo. Insurance

Monthly Payment

  New Monthly Payment

Will your new loan save you money?

Positive Number = Savings, Negative Number = Cost

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