Loan Refinance Calculator

Loan Amount
Interest Rate (%)
% per year
Loan Terms
No. of Payment Made
New Loan Terms
Current Monthly Payment  =  2677.22USD
New Monthly Payment  =  2355.57USD
Extra Monthly Payment  =  -321.65USD

Loan Refinance Calculator is an online personal finance assessment tool to calculate how much amount of less or extra monthly payment should be made according to the change of loan maturity period. The loan principal amount, interest rate, actual loan payoff period, new loan payoff period and number of payments made are the key terms to determine current monthly payment, new and extran monthly payment.