Anchor Funding San Diego
Anchor Funding San Diego

Mortgage 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):

 


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Customer Testimonials

  • You and those I met of your staff made the re-financing of my mortgage very pleasant.
    Thank you for being ther for me and your many clients. With all good wishes,

    Dorothy A.
    San Diego
  • Thank you for doing such a great refinance of our home!!  It was fast, easy and smooth.

    Thank you for the delicious box of candy.  Wow, what a sweet surpise. Thanks again.

    Sincerely,
    Fred & Guida R
    La Mesa
  • Thank you so much for all of your hard work on our refinance. We really appreciate it.

    Wishing all of you a Merry Christmas and Happy Holidays.

    Ed & Shannan R
    El Cajon
  • We would like to thank you and your staff for the most painless and fastest re-fiance we have ever been through. In 47 years we have done a lot of property buying, selling and refinancing. 
    Working with you was actually pleasant and to top that You sent Us Godivia Choclates !!!

    George & Jinx P
    Lakeside

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