Mortgage Refinance Comparison Calculator
Calculate and compare (formatted side by side) up to 4 mortgage refinance loans to help determine if you should refinance your mortgage. Enter your current mortgage principal and interest payment, your current mortgage balance, the new interest rate, term of the refinanced loan, points and closing costs. This calculator will then show you the new monthly principal and interest payment amount, the amount of money you can save each month and how many months you will pay on the new loan before you actually start saving money (months to break even). (Note: this calculator may show negative monthly savings and months to break if your monthly payment actually goes up. That may happen if the interest rate is higher or the length of your refinanced loan is shorter - for instance, if you refinance a 30 year loan to a 15 year loan.)
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Popup
Copy this text to popup the calculator in its own window. It is important to use your Account Number instead of 1 as shown in this example.
<script language="JavaScript" type="text/javascript">
<!--
//Mortgage Refinance Comparison
function CompareMortgageRefinances()
{
window.open('http://www.webcalcsolutions.com/Mortgage-Calculators/Compare-Mortgage-Refinances.asp?AcctNum=1', '_blank', 'width=710,height=580,directories=0,location=0,menubar=0,resizable=1,scrollbars=1,status=0,toolbar=0');
}
-->
</script>
<i>Payment Calculators</i><br>
<a href="javascript:CompareMortgageRefinances();">Mortgage Refinance Comparison</a><br>
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Embedded
Copy this text to embed the calculator in your webpage.It is important to use your Account Number instead of 1 as shown in this example.
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<iframe src="http://www.webcalcsolutions.com/Mortgage-Calculators/Compare-Mortgage-Refinances.asp?AcctNum=1" width="710" height="580" frameborder="0" scrolling="auto"><a href="http://www.webcalcsolutions.com/Mortgage-Calculators/Catalog.asp" target="_blank">Mortgage Refinance Comparison Calculator</a></iframe>
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Customizable Field Values
You can customize the following field values for this calculator. When the calculator runs it will have
the values you set for these fields. It is important to use your Account Number instead of 1
as shown in this example.
Mortgage Refinance Comparison Calculator's
Customizable Fields |
| Screen Name |
Parm Name |
Parm Value Used in this Example |
| Title |
Title |
Mr. & Mrs. O'Riley |
| Lender (column 1) |
Lender |
AAA Money Lenders |
| Lender (column 2) |
Lender2 |
BBB Money Lenders |
| Lender (column 3) |
Lender3 |
CCC Money Lenders |
| Lender (column 4) |
Lender4 |
DDD Money Lenders |
| Current Payment P&I (column 1) |
CurrPmt |
850.00 |
| Current Payment P&I (column 2) |
CurrPmt2 |
875.00 |
| Current Payment P&I (column 3) |
CurrPmt3 |
900.00 |
| Current Payment P&I (column 4) |
CurrPmt4 |
925.00 |
| Refinance Amount (column 1) |
RefiAmt |
160,000.00 |
| Refinance Amount (column 2) |
RefiAmt2 |
170,000.00 |
| Refinance Amount (column 3) |
RefiAmt3 |
180,000.00 |
| Refinance Amount (column 4) |
RefiAmt4 |
190,000.00 |
| New Interest Rate (column 1) |
IntRate |
5.75 |
| New Interest Rate (column 2) |
IntRate2 |
5.85 |
| New Interest Rate (column 3) |
IntRate3 |
5.95 |
| New Interest Rate (column 4) |
IntRate4 |
6.05 |
| Length of New Loan (column 1) |
Length |
360 |
| Length of New Loan (column 2) |
Length2 |
180 |
| Length of New Loan (column 3) |
Length3 |
240 |
| Length of New Loan (column 4) |
Length4 |
300 |
| Years/Months (drop-down) |
LengthPrd |
Months |
| Points (column 1) |
Points |
1.0 |
| Points (column 2) |
Points2 |
1.25 |
| Points (column 3) |
Points3 |
1.5 |
| Points (column 4) |
Points4 |
1.75 |
| Points Roll into Loan (checkbox) (column 1) |
RollPoints |
True |
| Points Roll into Loan (checkbox) (column 2) |
RollPoints2 |
True |
| Points Roll into Loan (checkbox) (column 3) |
RollPoints3 |
True |
| Points Roll into Loan (checkbox) (column 4) |
RollPoints4 |
True |
| Other Closing Costs (column 1) |
ClosingCosts |
3,000.00 |
| Other Closing Costs (column 2) |
ClosingCosts2 |
3,250.00 |
| Other Closing Costs (column 3) |
ClosingCosts3 |
3,500.00 |
| Other Closing Costs (column 4) |
ClosingCosts4 |
3,750.00 |
| Other Closing Costs Roll into Loan (checkbox) (column 1) |
RollClosing |
True |
| Other Closing Costs Roll into Loan (checkbox) (column 2) |
RollClosing2 |
True |
| Other Closing Costs Roll into Loan (checkbox) (column 3) |
RollClosing3 |
True |
| Other Closing Costs Roll into Loan (checkbox) (column 4) |
RollClosing4 |
True |
View Customized Calculator
<script language="JavaScript" type="text/javascript">
<!--
//Mortgage Refinance Comparison
function CompareMortgageRefinances()
{
window.open('http://www.webcalcsolutions.com/Mortgage-Calculators/Compare-Mortgage-Refinances.asp?AcctNum=1&' +
'Title=Mr. %26 Mrs. O%27Riley&Lender=AAA Money Lenders&Lender2=BBB Money Lenders&' +
'Lender3=CCC Money Lenders&Lender4=DDD Money Lenders&CurrPmt=850.00&' +
'CurrPmt2=875.00&CurrPmt3=900.00&CurrPmt4=925.00&RefiAmt=160,000.00&' +
'RefiAmt2=170,000.00&RefiAmt3=180,000.00&RefiAmt4=190,000.00&IntRate=5.75&' +
'IntRate2=5.85&IntRate3=5.95&IntRate4=6.05&Length=360&Length2=180&Length3=240&' +
'Length4=300&LengthPrd=Months&Points=1.0&Points2=1.25&Points3=1.5&Points4=1.75&' +
'RollPoints=True&RollPoints2=True&RollPoints3=True&RollPoints4=True&' +
'ClosingCosts=3,000.00&ClosingCosts2=3,250.00&ClosingCosts3=3,500.00&' +
'ClosingCosts4=3,750.00&RollClosing=True&RollClosing2=True&RollClosing3=True&' +
'RollClosing4=True',
'_blank',
'width=710,height=580,directories=0,location=0,menubar=0,resizable=1,scrollbars=1,status=0,toolbar=0');
}
-->
</script>
<a href="javascript:CompareMortgageRefinances();">Mortgage Refinance Comparison</a><br>
<br>
<a href='http://www.webcalcsolutions.com/' style='font-size: 8pt;'>Online Calculators - Financial Calculators, Health Calculators, and Health Assessments from WebCalcSolutions.com</a><br>
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tool so you can see how to type it into your script. Enter your customized text
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