This calculator is for estimation purposes only. You should consult with one of our Loan Consultants to verify savings. Tax Benefits may also occur and should be consulted with a licensed tax advisor. Credit card calculations assume a requirement of 3% of existing principal balance to be paid back monthly. Auto Loans assume a 4 year term with all payments remaining. New Interest Only Loan shows you maximum monthly cash flow savings. Amortizing Loan is calculated off the new loan term. Consult a Loan Consultant for product information and/or strategies for paying down principal balances. Total interest paid over life of loan may increase.