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Archive for the ‘Refinance Calculators’ Category

Debt-Consolidation

Debt-Consolidation

Posted on February 21st, 2012 with 0 Comments

Borrowers who are burdened with short-term debt may want to know whether it pays to consolidate such debt in a cash-out refinance. This calculator examines debt consolidation when homeowner has one mortgage.

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ARM to Fixed

ARM to Fixed

Posted on February 21st, 2012 with 0 Comments

This calculator compares the total cost of retaining an existing ARM with that of refinancing into a new FRM, over a specified future period. It allows the upfront refinance costs to be financed.

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Fixed-Rate to Fixed-Rate to Lower Payments

Fixed-Rate to Fixed-Rate to Lower Payments

Posted on February 21st, 2012 with 0 Comments

This calculator compares the total cost of retaining the current FRM with the cost of refinancing into another FRM, over a specified future period. It also shows the period the new loan must be held to break even and allows upfront costs to be financed.

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Jack Guttentag
Professor of Finance Emeritus at the Wharton School of the University of Pennsylvania

Jeff Jaye
Amerifirst Financial

Kevin Iverson
President, Reed Mortgage Corporation

Jared Martin
Chief Executive Officer, Keystone Funding, Inc.

Jodi York-Caraballo
Network Mortgage, LLC.

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