MORTGAGE CALCULATORS(More Info)
COMPARE TWO MORTGAGES USING PV (Type 3) © 2005 - 2007

Compare two amortizing loans where your original loan has been amortizing for a significant period of time and / or its principal balance has been significantly paid down. In addition this calculator allows for an adjustment where you do not intend to live in the property beyond the life of the loan, i.e. until the loan is fully amortized. Present value is considered in this calculator.


Compare Two Mortgages Using PV

 
New
 
Old
 
Original Balance
$
 
$
 
Mortgage Rate
%
%
Mortgage Term (Years)
 
 
Remaining Balance
N/A
 
$
 
   
How Long Do You Expect Too Live In The Home?
   
Enter a Discount Rate:
%
Enter the Cost to Refinance: $
         

This model is only appropriate for an amortizing loan.

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