MORTGAGE CALCULATORS(More Info)
REFINANCE TWO MORTGAGES INTO A SINGLE MORTGAGE
& COMPARE USING PV (Type 3) © 2005 - 2007

Refinance two amortizing loans into a single amortizing loan where your original loans have been amortizing for a significant period of time and / or their principal balances have been significantly paid down. In addition this calculator allows for an adjustment where you do not intend to live in the property beyond the life of the loans, i.e. until the loans are fully amortized. Present value is considered in this calculator.

Compare Two Mortgages To A Single Mortgage
Using PV

 
New
  
Old #1
 
Old #2
 
Original Balance
$
 
$
 
$
 
Mortgage Rate
%
%
 
Mortgage Term (Years)
 
 
 
Remaining Balance
N/A
  
$
 
$
 
             
How Long Do You Expect Too Live In The Home?
     
   
Enter a Discount Rate:
%      
Enter the Cost to Refinance: $
      
             

This model is only appropriate for an amortizing loan.

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