Refinance Calculator Posted on January 17, 2017, updated on February 5, 2017 by wkj-admin66 Refinance Calculator First, tell us about your current loan: What is the interest rate of your current mortgage?: What is your current principal & interest payment?: (Do NOT include the taxes and insurance.) What is the outstanding balance of your current mortgage?: Next, fill-in some details about your proposed refinance: How much would you like to refinance?: Which mortgage term would you prefer for your refinance?: 10 years 15 years 20 years 25 years 30 years Interest-Only 40 years 50 years What will your new interest rate be?: Enter the amount of closing cost for this refinance: (if unknown, then assumed 2.5% of your new loan) Results New Loan Amount: New P&I Payment: Est. Closing Cost: Payment Difference: "Break-Even" Point: This calculator is intended for general educational purposes and may not be applicable to every borrower. Find a Guild Mortgage Loan Officer in your neighborhood for personalized guidance about your situation.