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Refinance Calculator

Refinancing Information
Refinance Amount: (In Dollars)
Length of Mortgage: years
Annual Interest Rate: %
Explain Calculations: Show me the calculations and amortization
 



This refinance mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the amount refinanced, the term of the loan desired, owners equity percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans greater than 80% of the home's value. Also taken into consideration are the property taxes, and their effect on the total monthly mortgage payment, and homeowner's insurance.

Massachusetts Lenders Licenses: MA license MC2056, MA license MC3221
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