Based on the numbers above...
Refinancing could save you - per month on your monthly mortgage payments
Refinancing could save you - in interest over the life of the loan
This calculator is based on the Annual Percentage Rate (APR) being fixed to maturity. Additional loan fees may apply. Example of monthly payment provided assumes that any taxes, insurance or points to be paid at closing are not financed into the loan amount. The information provided by this calculator is for illustrative purposes only, and Rural 1st does not guarantee any of the information obtained by this calculator. All loans are subject to credit approval and eligibility requirements. This calculator cannot prequalify you for a loan, and qualification requires additional information.
*Monthly payment is based on principal and interest payment only, and if the loan requires or has an escrow account for taxes and insurance, the payment amount will be higher.