Please fill out the following form and use this refinance calculator to help you see when you can expect to break-even. Note: This calculator estimates savings using the difference between your existing and new payments for the life of your new loan. Actual savings may vary if refinancing to increase or reduce the term of the loan. Current mortgage principal balance $    Current monthly P & I payment   (If left blank, it will be calculated for you) $    Current mortgage interest rate %    Amount to be refinanced $    Refinanced interest rate %    Number of years to refinance for        Closing Costs (If left blank, a default of 3% of the refinanced amount will be used.) $    How will closing costs be paid?  Refinance closing costs into loan  Pay closing costs out of pocket