One on one CA mortgage advisory group
refinance calculator
This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.
Enter the principal balance of your mortgage: (call your mortgage lender and ask for the current payoff amount)
Enter the amount of your monthly mortgage payment:
(principal and interest portion only)
Enter the your mortgage's current interest rate:
Enter interest rate you will be refinancing at:
Enter the number of years you will be refinancing for:
Enter the closing costs that will be required for refinancing:



This is how much your monthly payment will be if you refinance:
Monthly Savings:
Number of months to break even on closing costs:
This is how much interest you will pay under your current monthly payment plan:
This is how much interest you will pay under your refinanced monthly payment plan:
This is how much interest you will save if you refinance:
Net Refinancing Savings (interest savings less closing costs):
testimonials
"Shant,
Thanks for your patience with my frustrations in this new loan era. You have provided great service and I will definitely recommend you to anyone I run into looking for a home loan "
Thomas Bostelaar
"Shant, thank you for all your hard work in obtaining our home loan. You were professional from the start, explaining every facet of the proposed loan clearly, and executed the loan efficiently. I look forward to working with you in the future."
Seth and Susan Goldstein
"I enjoyed working with SKR Capital Group on the refinance of my home. I was impressed by the manner in which they consulted me on the pros and cons of various loan programs and in the end recommended the ideal program for me. Thank you so much!"
Mitch Stevenson