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Mortgage financing online calculator


Current Loan Information
%
Years
Months
Refinancing Information
%
Years


App Description

Select the currency, enter the value, and click Calculate. The result will be displayed.

Usage example

Input data:

Currency: US dollar

Current loan information:

Total loan amount: USD 450,000.00

Annual interest rate: 7.000%

Repayment period: 10 years

The remaining months: December

Refinancing information:

Total loan amount: USD 300,000

Annual interest rate: 7.000%

Repayment period: 8 years

Click "Calculate" to output data    Current loan balance: $60,384.58

Monthly payment: $5,224.88/month

Monthly reimbursement for refinancing: $4,090.12/month

Total cost of refinancing loans: $392,651.05

Savings / Refinancing losses: -329,952.47 USD

 

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