Prospera Credit Union - Rates & Calculators

Rates & Calculators | Should I Refinance My Home Mortgage?

Would you like to know if it would make sense for you to refinance an existing mortgage? This calculator can help you with that. All you need to do is enter some basic info about your existing loan and refinancing terms.

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Current Mortgage

PLEASE NOTE! Rates used in the calculators pages are for demonstration only and DO NOT represent actual current rates offered by Prospera Credit Union. DO NOT USE COMMAS when filling in amounts.

Principal Balance	$

Monthly Payment (P & I only)	$

Interest Rate

New (Refinanced) Mortgage


Interest Rate

Fees and Closing Costs	$

Refinancing Term (Years)

Calculations


New Monthly Payment	$

Monthly Savings	$

Break Even Point (months)

Interest on Original Loan	$

Interest on New Loan	$

Interest Saved by Refinancing	$

Net Savings After Closing Costs*	$

* This is an estimated amount only and is not a guarantee.
For a quote, please contact us.

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