Mortgage Calculator
 
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):
 

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Send mail to contact@northatlanticmortgage.com with questions or comments about the North Atlantic Mortgage Corp. web site.
Copyright © 2005 North Atlantic Mortgage Corp. 733 Summer St. Suite 204 Stamford, CT 06901
Licensed Mortgage Broker, CT, NY, FL, Banking Department *Loans Arranged Through Third Party Providers. MORTGAGE BROKER ONLY, NOT A MORTGAGE LENDER OR MORTGAGE CORRESPONDENT LENDER. NMLS #1375
All rates referenced on this website are subject to change without notice