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May 20, 2012
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Early Renewal
Use this calculator to determine if you should refinance your current mortgage at a lower interest rate and preview how many months it will take to break even on the refinancing costs.
Enter the Current principal balance of your mortgage: $
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: yrs
Enter the closing costs that will be required for refinancing: $
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