Refinance Break-Even Calculator

This refinance break-even calculator helps you determine whether refinancing makes financial sense. Compare your current loan with a new refinance to see monthly savings, break-even time, and long-term interest savings.

HomeExpertly
www.homeexpertly.com
Refinance Break-Even Calculator
Should you refinance? Calculate your monthly savings and the time it takes to recoup your closing costs (your "break-even point").
Current & New Loan Details
Current Mortgage
$
$
Principal & Interest only.
yrs
New Refinance Loan
%
yrs
$
Typically 2-5% of loan amount (appraisal, title, fees).
Analysis
Break-Even Horizon
Time to Break Even —
Monthly Savings —
Comparison Summary
Current Payment—
New Payment—
Total Closing Costs—
Net Lifetime Savings—
Break-Even Visual
Cumulative Savings vs. Costs
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