JPFG Wealth Management

Printed from:

Mortgage Refinancing

Should You Refinance Your Mortgage?

During the past few years, record numbers of Americans have refinanced their home mortgages as a result of historically low interest rates. This calculator is designed to help you determine whether you should consider refinancing your mortgage.


Your Results

The results below show the estimated cost of refinancing, your current and refinanced mortgage payment amount, the monthly savings, and the amount of time it will take you to recoup the costs of refinancing. If you plan to sell your home before you recoup the cost of refinancing, it may n