Refinance Calculator

Enter the principal balance or your mortgage:

Enter the amount of your monthly mortgage payment:

Enter your mortgage's current interest rate:

Enter interest rate you will be refinancing at:

Enter the number of years you will be refinancing for:

Enter the closing costs that will be required for refinancing*:

This is how much your monthly payment will be if you refinance with Alpha Mortgage:

Your Monthly Savings:

Number of months to break even on closing costs:

This is how much interest you will pay under your current monthly payment plan:

This is how much interest you will pay under your Alpha Mortgage monthly payment plan:

This is how much interest you will save if you refinance with Alpha Mortgage:

Net Refinancing Savings (interest savings less closing costs):

*Use The Table Below When Entering A Closing Cost In The Calculator.
Loan Amount	Closing Costs
Under $100,000	Use $2500
$100,000 - $150,000	Use $3500
$150,000 - $200,000	Use $4500
$200,000 - $250,000	Use $5000
$250,000 - $300,000	Use $5500
$300,000 - UP	Use $6000

YOUR FRIENDLY COLORADO MORTGAGE BROKER SINCE 1977