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Should I Refinance Calculator

How much interest can you save if you refinance your mortgage? The Should I Refinance Calculator helps you find out. Enter the specifics about your current mortgage, along with your current appraised value, new loan term, rate and closing costs. The calculator will determine how much interest refinancing can save you and if you should refinance your mortgage. In addition, it will calculate the number of months to break even on closing costs with your reduced monthly payment.

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For more information about these these financial calculators please visit: Financial Calculators from KJE Computer Solutions, Inc.

Department of Commerce FCU Mortgage
5309 Commonwealth Centre Parkway Suite 407
Midlothian, VA

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Today's Rates

Rates based on a 80% LTV ratio, Purchase loan with no subordinate financing, with a 740+ credit score, and $180,000 loan in Washington, DC. 30 day rate lock, assuming escrow account is established.

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