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Screen Shot 2017-02-07 at 1.56.55 PM.png - Original loan...

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Unformatted text preview: Original loan amount: Orginal interest rate: Original years to maturity : Original monthly payment: Years of payments made: Current balance: Years until payoff: Payoff balance: FCF Payments difference x PV Factor PV of pmt difference Total PV Refinancing costs NPV REFINANCING DEClSION $200, 000 6.5096 15 $ 1,742.21 7 $ 130,150 New loan amount: New interest rate: New years to maturity: New monthly payment: Years until payoff: Payoff balance: FCF Payoff balance difference 5 x W Factor PV of payoff difference 5 130,1 50 5.375% 75 1 ,054.82 0 8 73.708 (73,708) (47,994) ...
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