About the best real estate training and consulting company. Contact information about the brokerage and the houston realtors. Houston Real Estate Agents Consultants Main Page pTexas Agents Distribution Authorization Form Houston Real Estate Agents Consultants Roster Important people and services. Training Calendar for Houston Realtors who want to go to the next level. Join us as a real estate brokerage path to success. Communication is key to our success in real estate. Contact information about the brokerage and the houston realtors. About the best real estate training and consulting company. Real Estate related calculations just for realtors Location, location and location. Real Estate related forms for the brokerage agents and consultants Email Tony Barker at tony@ptexas.com Tony Barker, the guy who leaned this stuff and works it to the highest levels. For people who want to buy and sell homes in Houston Texas.
Bi-Monthly Payment Calculator
This JavaScript 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):
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