Sunday, February 27, 2005

Refinancing Calculator Australia

Mortgage Consolidation & Refinancing Calculator

This calculator will help you to decide whether or not it would be advantageous for you to refinance either a single mortgage, or the consolidation of a first and second mortgage, into a single mortgage. Not only will this calculator calculate the monthly payment and net interest savings (if applicable), but it will also calculate how many months it will take to break even on the closing costs (if applicable).

This greatly simplifies the process of deciding whether refinancing is worthwhile. It clearly identifies whether there are any potential savings to be made.

Use the Home Loan Payment Calculator with Amortization Schedule in conjunction with this calculator to get the data for the refinancing section.

Click here to use the Mortgage Calculator...