Payment Savings Calculator

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Will my new loan save me money?

Will your new loan save you money? The best way to know for sure is to compare before you sign on the dotted line. Just enter your existing loan figures on the left and your proposed loan figures on the right and the totals will be calculated automatically for you. (*) indicates a required field.

Current Loan Proposed Loan

Press the "Tab" key to advance or calculate.

* Original Loan Amount * New Loan Amount

* Current Interest Rate * New Interest Rate

* Original Term (Yrs.) * New Term (Yrs.)

Yearly Taxes Yearly Taxes

Yearly Insurance Yearly Insurance

Adjust figures above- Press "Tab" - See results below

Current Totals Proposed Totals

Current P&I Payment New P&I Payment

Current Monthly Taxes New Monthly Taxes

Current Mo. Insurance New Mo. Insurance

Monthly Payment New Monthly Payment

Will your new loan save you money?

Positive Number = Savings, Negative Number = Cost

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