Optimal Interest Rates
 

 

 

Cost of Home $
Down Payment $
Interest rate (%)
Number of Years


Refinance after how many years:
and how many months:
Amount Taken out of Equity $
Fixed Fees/Closing Costs Paid at Close $
Fixed Fees/Closing Costs Added to new loan $
Points
Number of Years

 

 

 

 

 

 

 

 

 

 

 

 



The new payment will be lower than the original
payment if the if the interest rate is less than:

Your Net Present Value will increase if the
interest rate is less than:

 

 

 

 

 

 

 

 

Susanna James 2010 Undergraduate Thesis Home Mortgage Basics Payment Calculator Refinance BasicsOptimal Interest RatesOther Topics