Golden Palm Mortgage Corp.
refinance calculator
This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.
Enter the principal balance of your mortgage: (call your mortgage lender and ask for the current payoff amount)
Enter the amount of your monthly mortgage payment:
(principal and interest portion only)
Enter the 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:
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 refinanced monthly payment plan:
This is how much interest you will save if you refinance:
Net Refinancing Savings (interest savings less closing costs):
testimonials
"My wife and I purchased a home in Naples, Fl in February 2010.  Dan was introduced to us by our realtor. Dan was a lifesaver.  His paperwork was always in order, completed early and  correct. He has always available for questions and was very patient and helpful. I have recommended Dan to other friends and clients and will do so in the future. He is fantastic!"
Patrick K.
"Our experience with Dan was great, again!  The refinancing we did on our home was approved and processed in the time frame we needed it.  We are a very involved couple.   Some would say a little too involved but Dan was always very quick to respond to every question or request very timely.  This was our third experience with Dan and we can't imagine going anywhere else.  He treats you like family!"
Joe & Emily H.
"After a few days into the process of applying for our condo mortgage, it became clear that we wouldn’t have to worry about whether something would fall through the crack. Dan took care of everything and anticipated each step of the process and what was required. At the time of our loan application, the lender had imposed new requirements as a result of new government regulations, but  Dan really went to bat for us, and we got our loan.  He was extremely efficient and he worked very hard to meet an aggressive schedule. We were very impressed with his professionalism."
Sarah and Ulises L.