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**Mortgage Refinance Calculator** calculates your new monthly mortgage payment and see how much you can save by refinance. Estimate your new monthly mortgage payment, interest savings,
and get an amortization schedule with principal, interest and monthly payment with the **refinance calculator**. You will get a comparison table that compares your original mortgage against
refinancing.

The **refinance calculator** is useful for those who already have a mortgage and looking to refinance their home. For new home owners, please use the conventional mortgage calculator with pmi to calulate monthly mortgage payments.

Should I refinance is a question that many homeowners asked themselves when the interest rate goes down. With our **refinance calculator**,
you can see exactly how much you can save so you can decide whether or not to refinance your mortgage.

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