Break-Even Refinance Calculator

Calculate how long it will take for your refinance savings to cover the closing costs.

Current Mortgage

Your current mortgage balance
Your current annual interest rate (%)
Years remaining on your loan

New Mortgage

Amount of the new loan
Proposed annual interest rate (%)
Term for the new loan

Closing Costs

Fees for the refinance
How closing costs will be paid

Your Refinance Analysis

Monthly Payment Savings
$0
Per Month
Break-Even Period
0
Months
Total Interest Savings
$0
Over Loan Term

Break-Even Timeline

This shows how long it will take for your monthly savings to cover the closing costs.

Today Break-Even: 0 months Long-Term

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