Loan Calculator

The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from a financial institution. This is being provided for you to plan your next loan application. To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button. Clicking the Reset button will clear entered values.

Car Loan Calculator
	Description	Data Entry
	Loan Amount
	Loan Length-Months
	Interest Rate
	Monthly Payment

Enter only numeric values (no commas), using decimal points where needed.
Non-numeric values will cause errors.JavaScript Kit Credit: John Nye

Mortgage Refinancing 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.
Current payoff of your mortgage-:
Monthly mortgage (principal and interest):
Enter the your mortgage's current interest rate:
Enter interest rate you will be refinancing at:
The number of years you're refinancing for:
Enter the closing costs for refinancing:

This is your monthly payment if you refinance:
Monthly Savings:
Months to break even on closing costs:
Interest for your current monthly plan:
Interest under your refinanced payment plan:
Interest you will save if you refinance:
Net Savings (interest saved less closing costs):

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