05-05-2008, 02:46 PM
Try this refi calculator. Plug in the rate/term etc of your existing mort and the refi and it will tell you if you will save any $. You'll have to skip through the ad.
http://www.bankrate.com/brm/calc_vml/refi/refi.asp
http://www.bankrate.com/brm/calc_vml/refi/refi.asp