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Kay H. Dover
The Dover Team, Inc.
Wallace Realty Company
GRI, CRS, SRES
301 N. Main St.
Salisbury, NC 28144
Direct: 704-633-1111
Fax: 704-973-9607
kay@thedoverteam.com
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Mortgage Refinancing 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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