Refinance

Use this calculator to compare your current mortgage with your possible refinance. Then use the results to see if now is the right time for you to refinance your existing mortgage.

Current Loan Information

What month did this mortgage begin?
What year did this mortgage begin?
Original mortgage amount?
Length of mortgage?	year
Interest rate?

New Loan Information
What is the term of the new mortgage?	years
What is the interest rate?
Estimated closing costs: (financed with mortgage)
Additional loans to include w/refinance: (equity loan, credit card, cash advance, etc.)

	Your New Mortgage
Your new mortgage amount: (includes closing costs + add'l loans)

	Results
Your current monthly payment:
Your new monthly payment:
Reduced Payment Amount: (a negative amount indicates a higher payment)

Compare:	Current Mortgage	New Mortgage
Number of payments made:
Remaining payments:
Total interest paid:
Unpaid interest:

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River City Mortgage & Financial provides no claims as to the accuracy or applicability of this calculator.

Please consult your mortgage or financial advisor regarding any financial decisions.

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Refinance

Current Loan Information

New Loan Information

Your New Mortgage

Results

Compare:

Current Mortgage

New Mortgage