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Mortgage Consolidation Calculator

Our Mortgage Consolidation Calculator shows you just how advantageous it would be for you to consolidate your First and Second Mortgages by refinancing them into a single mortgage loan with a lower overall interest rate and payment. It can also calculate how many months it will take for you to break even on the closing costs.

Mortgage Consolidation Calculator

 

Note: Be sure to only include the principal and interest portion of your monthly mortgage payment, i.e., do not include any escrow portions.
 
 
 

Amortization (Years) =
Term (Years) =
Yearly Interest Rate (%) =
Principal Amount ($) =
Downpayment (%) =
Downpayment Required ($) =
Mortgage Principal ($) =
Monthly Payment ($) =
Still Owing at End of Term ($) =

 

 

 

 

 

 


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