| Unpaid balance of mortgage * | |
| Monthly mortgage payment * | |
| Interest rate (current) * | |
| Interest rate (new) * | |
| Term of refinancing (years) * | |
| Closing costs * | |
| Finance closing costs? |
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| New monthly payment (after refinancing) | |
| Change in Monthly Payment | |
| Time to offset closing costs by interest savings | |
| Total interest to be paid under existing mortgage | |
| Total interest to be paid under refinanced mortgage | |
| Interest Savings | |
| Refinancing Savings (net of closing costs) | |
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