Mortgage Calculator | Refinance Standard vs Biweekly


	Refinance Standard vs Biweekly

Current Interest Rates

PRODUCT	Rate	Last week
30 year fixed	4.09%	4.16%
15 year fixed	3.25%	3.30%
5/1 ARM	3.28%	3.36%

Rate disclaimer

PRODUCT	Rate	Last week
30 year fixed refi	4.09%	4.17%
15 year fixed refi	3.25%	3.34%
10 year fixed refi	3.15%	3.18%

PRODUCT	Rate	Last week
60 month used car loan	3.20%	3.20%
48 month used car loan	3.18%	3.19%
60 month new car loan	3.44%	3.44%

PRODUCT	Yield	Last week
6 Month CD	0.75%	0.71%
1 Year CD	1.24%	1.24%
2 Year CD	1.41%	1.41%

PRODUCT	Rate
MMA and SAVINGS	0.58%
$10k MMA	0.57%
Interest Checking	0.43%


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Financial Analysis

	Standard	Bi-Weekly
Loan Length	30 Yrs 0 Mts	25 Yrs 4 Mts
Time Saved	4 Yrs 9 Mts
Monthly Payment	$1,304.12	$1,412.79
Total Interest Paid	$219,482.60	$180,209.03
Interest Savings	$39,273.58
Tax Savings	$95,939.61	$80,044.80
Tax Saving Losses	$15,894.81
Total Benefits	$23,378.77


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Refinance Standard vs Biweekly

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