Should I Refinance?

Input Information
  Before Refinance After Refinance
Amount : ($)
Interest Rate : (%) (%)
Length : (Yrs) (Yrs)
Months Paid : (Mts)
Years Before Sell : (Yrs)
Fees and Points
Points : (%)
Origination Fees : (%)
Closing Cost : ($)
Your Taxes Rates
Tax Rate : (%)
State Tax Rate : (%)

Financial Analysis
  Before Refinance After Refinance
Monthly Payment : $1,297.15 $1,095.41
Total Monthly Payment : $77,828.72 $65,724.60
Monthly Payment Savings : $12,104.13
Total Interest Paid : $50,754.22 $44,483.30
Tax Savings : $15,733.81 $13,789.82
Tax Saving Losses : $1,943.99
Balance at Refinance : $228,589.77
Points Value : $2,285.90
Refinance amount : $226,303.87
Balance at Sale : $201,515.27 $205,062.57
Balance Losses : $3,547.31
Total Losses : $5,491.29
Total Closing Cost : $3,485.90
Total Savings : $12,104.13
Total Benefit
(Savings - Losses - Closing) : 		$3,126.94
DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.