A comprehensive web-based calculator to help homeowners analyze whether refinancing their mortgage makes financial sense.
Features
- Document Upload: Upload your current mortgage statement and refinance loan estimate for automatic data extraction (currently simulated)
- Manual Input: Alternatively, enter all mortgage details manually
- Comprehensive Analysis: See a detailed breakdown of costs, savings, and break-even points
- Visual Comparisons: Interactive charts to visualize loan amortization and savings
- Sensitivity Analysis: Explore different scenarios with interest rates, loan terms, and closing costs
- Responsive Design: Works on desktops, tablets, and mobile devices
Live Demo
Visit the live demo to try the tool.
Privacy
This tool processes all data locally in your browser. No mortgage or financial information is ever sent to a server or stored online.
Development
Local Setup
- Clone the repository
git clone https://github.com/yourusername/mortgage-refinance-calculator.git
cd mortgage-refinance-calculator
- Open
index.html in your browser
Dependencies
Future Enhancements
- Implement actual PDF parsing of mortgage documents
- Add option to save analyses to browser storage
- Generate shareable reports
- Add more detailed tax impact analysis
License
MIT License - Feel free to use, modify, and distribute as needed!
Disclaimer
This calculator is for informational purposes only. Results should not be considered financial advice. Always consult with a qualified financial professional before making important financial decisions.