OUR CALCULATORS ARE A GREAT RESOURCE!
If you are thinking about purchasing a new home or refinancing an existing mortgage, our interactive calculators are the perfect way to explore your mortgage options. If you have any questions using our calculators, you can always call Berkshire directly at
877-822-7441.

Should I Refinance?

Input Information
  Before Refinance After Refinance
Amount : ($)
Interest Rate : (%) (%)
Length : (Yrs) (Yrs)
Months Paid : (Mts)
Years Before Sell : (Yrs)
Fees and Points
Points : (%)
Origination Fees : (%)
Closing Cost : ($)
Your Taxes Rates
Tax Rate : (%)
State Tax Rate : (%)

Financial Analysis
  Before Refinance After Refinance
Monthly Payment : $1,304.12 $1,100.82
Total Monthly Payment : $78,247.10 $66,049.23
Monthly Payment Savings : $12,197.87
Total Interest Paid : $51,307.55 $44,908.96
Tax Savings : $15,905.34 $13,921.78
Tax Saving Losses : $1,983.56
Balance at Refinance : $228,745.59
Points Value : $2,287.46
Refinance amount : $226,458.14
Balance at Sale : $201,806.04 $205,317.87
Balance Losses : $3,511.82
Total Losses : $5,495.39
Total Closing Cost : $3,487.46
Total Savings : $12,197.87
Total Benefit
(Savings - Losses - Closing) : 		$3,215.03
DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation.
Careers  |  Sitemap  |  Terms & Conditions  |  Privacy and Security  |  Licensing and Disclosures
© 2006 Berkshire Capital. All Rights Reserved.