Mortgage Refinancing Calculator

Current Principal Mortgage Amount (ex. 1,234.00):
Current Monthly Payment: (ex. 1,234.00):
Current Interest Rate (%):
Closing Cost of Current Mortgage (ex. 1,234.00):
New Interest Rate (ex. 1,234.00):
Refinance for ?? Years:

Please note: This calculator uses common formulas for calculating total_amount vs. interest payment but actual figures may differ depending on the country you are living in.