Rate Reduction Savings Report

🏦 Rate Reduction Savings Report

Prepared by: Your Realtor / Loan Officer

Prepared For

Prepared By

Loan Amount ($)

Current Interest Rate (%)

New Reduced Rate (%)

Loan Term (Years)

Closing Costs ($) (optional)

🏦 Rate Reduction Savings Report

Prepared For:

Prepared By:

Current Monthly Payment:

New Monthly Payment:

Monthly Savings:

Total Interest (Current Rate):

Total Interest (New Rate):

Total Lifetime Savings:

Months to Recover Closing Costs:

Estimates shown are for illustration purposes only and are not a commitment to lend. Actual savings, costs, and rates will vary based on lender programs and borrower qualifications.