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Wednesday, May 25, 2016

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Mortgage Refinance
Should you refinance your mortgage? That depends on a multitude of factors. These factors include your current interest rate, the new potential rate, closing costs and how long you plan to stay in your home. Use this calculator to sort through the confusion, and determine if refinancing your mortgage is a sound financial decision.
General Information   Proposed Mortgage Information
Marginal tax rate   New mortgage rate
Resale plan in months   New term in years
Current Mortgage   Proposed Closing Costs
Original mortgage amount   Points
Current mortgage rate   Application
Original term in years   Title
Number of months paid   Legal


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