Should I Refinance Calculator (Provided by Enterprise Bank)

Appraised home value	Current market value of your home
Original loan amount	Total amount for your original mortgage
Original rate	Annual percentage rate of your original loan
Original term in years	The total number of years for your original mortgage
Number of payments made	The total number of payments you have made on your original mortgage
Annual property taxes	Your annual property taxes
Annual home insurance	Your annual home owners insurance premium
Monthly PMI	The amount you pay each month for PMI. This is usually your 0.5 percent of your loan amount, if you have less than 20% equity in your home
Current PITI	Current monthly Principle, Interest, Taxes and Insurance payment
New rate	Annual percentage rate of your new loan
New term	The total number of years for your new mortgage
Closing costs	Total fees and other costs associated with the new mortgage, and paid at the time of closing
New PITI	New monthly Principle, Interest, Taxes and Insurance payment
New Loan to Value	Total loan amount divided by the appraised value of your home

Enterprise Bank's information and interactive calculators are made available to you as self-help tools for your independent use. We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

All information you enter is confidential and private. No information is collected unless you select to.
All results are calculated on your local computer.