Welcome to Refinance Calculator ABC! Feel free to use any and all of the refinance calculators here for your mortgage calculating pleasure. You will find a comprehensive source of refinance calculators below for anything from simple monthly payment calculations to discount point and tax deduction calculators.
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Mortgage Payment Refinance Calculator
This refinance calculator will show how much your monthly principle and interest payment will be. All you need are the total home loan mortgage amount, interest rate, and loan term. Also included is an amortization schedule which shows, for each mortgage payment, the amount applied toward interest and principle reduction for the entire term of the mortgage.
The discount points refinance calculator can help you to determine whether or not to pay discount points for your mortgage. You'll need the original interest rate, the reduced interest rate after discount points, the number of discount points being used, total home loan amount, and the loan term. The results will show the monthly amount of savings by using the discount points and the number of months to breakeven for the cost of the discount points.
You can save money and cut years off of your home loan by paying more on your mortgage payment each month. How much? The additional payment refinance calculator will show you how much interest is saved as well as the amount of loan term reduction, for a set monthly additional payment amount. It also includes a full amortization schedule.
If you want to know how much your refinance mortgage will save you in taxes, the tax deduction calculator is for you. Just enter the total home mortgage amount, interest rate, and loan term. The results will show your yearly mortgage interest tax deduction for each year of the loan term.
The biweekly refinance calculator will show you how much time and money you can save by paying your home mortgage loan on a biweekly basis.The calculation will reveal the amount of time saved on loan term as well as total mortgage interest savings.
The APR refinance calculator will compute the annual percentage rate of your potential new home loan. Just enter the total mortgage amount, interest rate, any discount points, other lender closing costs, and year-length term to calculate the APR.
