See the cost and savings of refinancing at a lower interest, net of closing costs...
New monthly payment (after refinancing) | $75,087.81 |
|
Change in Monthly Payment | $-73,539.81 |
|
Time to offset closing costs by interest savings | 601 |
|
Total interest to be paid under existing mortgage | $164,866.64 |
|
Total interest to be paid under refinanced mortgage | $6,761,344.18 |
|
Interest Savings | $0.00 |
|
Refinancing Savings (net of closing costs) | $0.00 |
|
If you refinance your current 3.79% mortgage to a 3.04% mortgage, your monthly payment will increase by $73,539.81 and you will pay an additional $6,596,477.54 in interest charges over the life of the mortgage. |
Mauris accumsan eros eget libero posuere vulputate. Etiam elit elit, elementum sed varius at,
+1 702-538-2446
8625 S Eastern Ave, Las Vegas, NV 89123
michael2109@hotmail.com