How It Works
Each existing balance uses its own entered rate and fixed payment. Origination fee is added to the new principal.
Payoff horizons can differ. Compare total cost as well as monthly payment; no new borrowing or changing rates are modeled.
Reference Sources
FAQs
How does this calculator work?
Each existing balance uses its own entered rate and fixed payment. Origination fee is added to the new principal.
What assumptions should I check?
Payoff horizons can differ. Compare total cost as well as monthly payment; no new borrowing or changing rates are modeled.