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Updated about 4 years ago on . Most recent reply

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9
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3
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Johnathan Gonzalez
  • New Jersey
3
Votes |
9
Posts

Need Help Understanding this Calculator

Johnathan Gonzalez
  • New Jersey
Posted

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hey Everyone. I need some help understanding this calculation. I don't see why it separates the P&I for the initial mortgage and then the refinance under the refinance tab. Overall I can see why I would loose money all together but don't get why it keeps them separate. Seems confusing to me. Thank you all in advance for your time and patience. 

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