Loan Comparison
Current loan vs. new rate scenario
Your Current Loan
$
%
New Loan Scenario
%
Break-Even Analysis
$
Refinance Analysis
Monthly savings & break-even
,
Monthly Savings
Comparison
Current Monthly P&I,
New Monthly P&I,
Monthly Savings,
Break-Even Period,
5-Year Net Savings (after costs),
Net Lifetime Savings (after costs),
Principal and interest only; taxes and insurance are not included in the payment. The 5-year figure compares the payments made on each loan (never more than remain) plus the balance still owed after five years, net of closing costs. Lifetime figures compare your remaining payments on the current loan with all payments on the new loan plus closing costs. Estimates only. Not a commitment to lend.