The following blog posts and calculators are most relevant to borrowers who are considering whether to refinance their existing mortgage,
Mortgage Calculators for Refinance Transactions
These calculators are designed to help you answer the most important questions surrounding your mortgage refinance planning.
This tool will calculate your new mortgage payment based on amounts, rates, amortization periods and payment frequencies.
This tool will calculate how much money you will save by refinancing into a mortgage with a lower rate (payout penalty not included).
This tool will calculate your prepayment penalty if you need to break your current mortgage before the end of its term.
This tool will calculate how much you can save by consolidating all of your debts in to your new mortgage.
This basic budgeting tool helps you get a picture of how you earn money and how you spend it. It is a useful exercise, even for experienced mortgagors.