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Refinance

This calculator figures your monthly savings and also compares your principal balance in years with and without refinancing. Based on your total cost to refinance, a break even period is calculated in relation to your monthly savings. The time value of money and income tax deductions are not considered in this refinance calculation.

Current Loan Information

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Refinance Information

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Property Information

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Analyze the total cost and savings of your refinance transaction.

Based on your current and calculated mortgage payments, this calculator estimates your monthly savings if you refinance your current loan. It also compares your principal balance in 5 years with and without refinancing. Based on your total cost to refinance (the loan points and loan costs you entered above), a break even period is calculated in relation to your monthly savings. The time value of money and income tax deductions are not considered in this refinance calculation.

To qualify for a home loan, you must be an existing Member of Schools Financial, a division of SchoolsFirst FCU.

Until we integrate fully with SchoolsFirst FCU on November 2nd, new Members can join SchoolsFirst FCU and apply for a home loan. Click Apply for a Membership or home loan for more information.

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