Sand Castles Group Estate Homes Commercial Residential Pools Realty Title Property Mgmt. Mortgage Brokers Main Page Why Choose a Mortgage Broker? Pre Qualify for a Home Refinancing Mortgage Lingo Step by Step Guide for Applying Types of Loans Available Mortgage Calculator Apply Now Contact Us   This calculator should be used to determine the number of months required to break even when refinancing a mortgage.   Information on Your Current Mortgage: Original Amount Financed: Number of Months: Interest Rate:  % Months Paid to Date:   Information on Your Proposed New Mortgage: Number of Months: Interest Rate:  % Number of Points: Closing Costs Paid in Cash:   Information on You: Investment Annual Yield Rate:  % Income Tax Rate:  %   Refinance Calculations: Calculations will appear here. DO NOT FILL IN THIS AREA Current Monthly Payment: Current Mortgage Balance: Cash Amount of Points Paid: Total Closing Costs: (Cash plus points) New Loan Amount: (Current Balance + Points Financed) New Monthly Payment: Break-Even Month: Break-Even Month: (Accounting for Tax Savings) Bonita • 27499 Riverview Center Blvd., Suite 234 • Bonita Springs, FL 34134 | Office: (239) 596-2596 • Fax: (239) 596-1165 Pt. Charlotte • 2715 Tamiami Trail • Port Charlotte, FL 33952 | Office: (941) 629-8355 • Fax: (941) 629-8356