In the New Loan column, the Amount Borrowed is the remaining balance on your
current loan, that is, the amount you would likely refinance. If you want to
refinance an additional amount on top of the current balance, change the amount
borrowed value to the total amount you want to refinance.

Enter the remaining information for the new loan.

If you don't know what the Origination Date will be, estimate a date so
that you can do the calculation.

Click Calculate.

You'll see the changes to your payment amount, total payments, total
interest, and balloon payment (if applicable).

In the New Loan #1 column, enter the new loan information.

If you don't know the payment amount, it will be calculated for you.

Click Calculate.

In the New Loan #2 column, enter the information for the second loan.

Click Calculate.

You'll see the changes to your payment amount, total payments, total
interest, and balloon payment (if applicable).

Note: If a zero balance loan is selected in the loan list, only two
of the scenarios appear in the list: "How much will I pay with a new
loan?" and "Evaluate two new loans".

You may want to print this information if you need it for reference. When
you close the What If Scenarios window, or switch to a different scenario, any
information you entered will be deleted. Click Print to print the information
about the loan.