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Should I Refinance?

Input

Loan Info
Amount	($)
Interest	(%)	(%)
Loan Length	(Yrs)	(Yrs)
Months Paid	(Mts)
Years Before Sell	(Yrs)
Refinansing Fees
Points	(%)
Origination Fees	(%)
ClosingCost	($)
Your Tax Rates and Deductions
Taxes	(%)
StateTax	(%)
Show amortization table

Financial Analysis

	Original Loan	Refinanced Loan
Monthly Payment	$1,304.12	$1,114.04
Total Monthly Payment	$78,247.10	$66,842.27
Monthly Payment Savings	$11,404.83
Total Interest Paid	$51,307.55	$46,025.56
Tax Savings	$15,905.34	$14,267.92
Tax Saving Losses	$1,637.42
Balance at Refinance	$228,745.59
Points Value	$2,287.46
Amount Refinanced	$226,458.14
Balance at Sale	$201,806.04	$205,641.42
Balance Losses	$3,835.37
Total Losses	$5,472.79
Total Closing Cost	$3,487.46
Total Benefits	$2,444.58