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May 20, 2012

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Early Renewal

Use this calculator to determine if you should refinance your current mortgage at a lower interest rate and preview how many months it will take to break even on the refinancing costs.

Enter the Current principal balance of your mortgage:	$
Enter the amount of your monthly mortgage payment:	$
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:		yrs
Enter the closing costs that will be required for refinancing:	$

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