Good refiinance calculator. It calculates the two key things you need to know: How much you save monthly, and how much interest you will pay from this point on with the new loan vs. the current loan.

Going to a 4.75% loan (no closing costs… it’s built into the rate) we will save $180 per month and pay $16,000 less in interest. With Wells Fargo, it is all done by mail.

Now listening to… Simonize from the album “Music For The Morning After” by Pete Yorn