The Glendale Area Schools Credit Union

MORTGAGE REFINANCE 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:	$
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:	$

RESULTS:

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):	$

summary:

Glendale Area Schools
Federal Credit Union

Terms and Conditions
of Use