Mortgage Covington Washington

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refinance calculator


	This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.


	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):

Today's Lowest Rates

9/7/2010

Loan Program	Rate	APR
30 Year Fixed	3.750	4.004
15 Year Fixed	3.250	3.547
30 Year Fixed FHA	4.000	4.125
15 Year Fixed FHA	3.500	3.887
20 Year Fixed	3.750	3.914

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testimonials

“Thank you so much for all you did for us in buying our home. You were amazing in every way. We are very thankful for you. We are incredibly pleased with how the whole process went because of You! We pray the lords blessings on you and your business. We will continue to tell everyone we know about you. Thank you again! Take Care and God Bless,

Dale and Sherrell Fields

"I just wanted to thank you for consistently keeping me informed during the process. Previously, when I refinanced it seemed as if I always had to follow up with the mortgage company. Thanks for staying on top of everything and keeping things moving forward." Warmest Thanks,

Kimberly Carlson

“Thanks again for all of your help during the process. I know you definitely had our best interests at heart. We were fortunate to have you there to answer all of our questions. I can assure you that the next time a refinance or another home purchase comes up you’ll be the first person I contact.

Bill Gatlin

“Many, Many thanks for your world-class service!!
Blessings to you & yours,

John and Tami