Refinancing Two FRMs Into One to Lower Net Cost (3b) Who This Calculator is For: Borrowers with two FRMs trying to decide whether refinancing into one or two new FRMs will reduce their costs. What This Calculator Does:This calculator compares the total cost of retaining two existing FRMs with the cost of refinancing into one or two new FRMs, over a specified future period. It also shows the break-even period for both cases.

For a version of this calculator that derives your prices for different new mortgages, rather than requiring you to input what your prices are, click here.
Sign up to Receive New Articles
Print