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Enter the Terms of Your Existing Loan |
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Current |
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Enter the Terms of the Proposed Loan |
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Proposed |
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This is a basic analysis of the potential value of refinancing and is a great place to start.
Other more sophisticated calculators follow this yet if value is evidenced here, it's almost
always a good indication of the overall savings available. Deeper analysis can be warranted yet,
if used correctly, a cash flow improvement and expected ownership beyond the breakeven
point can be reason enough to take advantage.
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