Mortgage Refinance Calculator

Mortgage Refinance Calculator

Estimate the new principal-and-interest payment after refinancing and compare it with your current mortgage payment.

အဖြေကို နားလည်ပါ

ဤအရာကို မည်သို့တွက်ပါသလဲ။

The calculation amortizes the remaining balance over the new term at the new fixed rate. Closing costs, cash-out proceeds, escrow and prepayment penalties are excluded unless added to the new balance.

Refinance payment formulaNew payment = P × r(1 + r)ⁿ ÷ ((1 + r)ⁿ − 1)

လက်တွေ့ဥပမာ

Refinancing a $280,000 balance at 5.5% for 25 years produces an estimated principal-and-interest payment near $1,720 per month before closing costs.

တွက်ချက်ထားသောရလဒ်

Remaining loan balanceNew annual rateတွက်ချက်ထားသောရလဒ်
$224,000.005.5%$1,271.85
$280,000.005.5%$1,589.81
$336,000.005.5%$1,907.77

ယူဆချက်များ၊ ရလဒ်အဓိပ္ပာယ်နှင့် ပုံမှန်အမှားများ

တွက်ချက်မှုယူဆချက်များ

  • Rates and recurring amounts stay constant for the period represented by the formula.
  • Inputs use the same monthly or annual time basis stated in each field label.
  • Taxes, fees and contractual rules are excluded unless the calculator explicitly asks for them.

ရလဒ်ကို မည်သို့အဓိပ္ပာယ်ဖော်ရမည်

  • Use the headline as a planning estimate and compare it with the detailed totals.
  • Run a baseline plus favorable and conservative scenarios before deciding.
  • Confirm important results against a lender, payroll statement, tax authority or signed contract as applicable.

ရှောင်ရှားသင့်သော ပုံမှန်အမှားများ

  • Mixing annual rates with monthly amounts or entering a percentage as a decimal.
  • Leaving out fees, taxes, changing rates or timing differences that apply to the real decision.
  • Treating approval guidelines, market returns or future appreciation as guarantees.