Text or call me any time and I’ll share the calculation with you, or do the math for you and send the analysis to you via email.

In terms of how much extra per month to guarantee you’ll save money over time and shave months or years off your mortgage – that’s easy. All you do is deduct your new payment from the payment on the loan you refinanced from and include that as an extra principal payment on your new mortgage each month.

Of course, all the criteria discussed in the main post on this topic need to be in place for this to work correctly.