HEL vs Refinance Calculator

*How many more years do you plan to stay in your home?
*What is the current value of your home?
*Amount of cash you need (loan amount):
*Original balance of your current mortgage:
*Original term of current mortgage:
*Balance on current mortgage:
*Interest rate on current mortgage: (%)

Please complete the following information regarding cash-out refinancing

*Interest rate on new mortgage: (%)
*Term of loan:
Points (if any):
All other closing costs and pre-payment penalties:

Please complete the following information regarding the home equity loan

*Interest rate: (%)
*Term of loan (in years):

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