Should I Refinance?

Input Information
  Before Refinancing After Refinancing
Amount : ($)
Interest Rate : (%) (%)
Length : (Yrs) (Yrs)
Months Paid : (Mts)
Years Before Sell : (Yrs)
Fees and Points
Points : (%)
Origination Fees : (%)
Closing Costs : ($)
Your Taxes Rates
Tax Rate : (%)
State Tax Rate : (%)

Financial Analysis (Switch to Plain English)
  Before Refinancing After Refinancing
Monthly Payment : $1,478.84 $1,270.06
Total Monthly Payments : $88,730.66 $76,203.60
Monthly Payment Savings : $12,527.06
Total Interests Paid : $67,596.84 $56,199.53
Tax Savings : $20,955.02 $17,421.85
Tax Saving Losses : $3,533.17
Balance at Refinance : $239,992.50
Points Value : $2,399.92
Refinance amount : $239,992.50
Balance at Sale : $218,858.67 $219,988.42
Balance Losses : $1,129.75
Total Losses : $4,662.92
Total Closing Costs : $3,599.92
Total Savings : $12,527.06
Total Benefit
(Savings - Losses - Closing) :
$4,264.22
Plain English Help (Switch to Financial Analysis)
DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.