Early Refinance vs Wait Calculator

Use this Early Refinance vs Wait Calculator to compare monthly payments, break-even timing, and long-term interest savings before refinancing.

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Refinance vs. Wait Calculator
Should you refinance now or wait for lower rates? Compare immediate savings against the potential benefits of waiting, factoring in closing costs and break-even timelines.
Current & New Loan
Current Mortgage
$
%
$
Scenario A: Refinance NOW
%
$
Scenario B: Wait 1 Year
%
Estimated rate if you wait 12 months to refinance.
Analysis Results
Scenario A: Refinance NOW
New Monthly Payment—
Monthly Savings—
Break-Even Point—
3-Year Net Savings—
Scenario B: Wait & Refinance (1 Yr)
Future Monthly Payment—
Future Monthly Savings—
Cost of Waiting (1 Yr)—
3-Year Net Savings—
"Cost of Waiting" is the extra interest paid this year by keeping your current high rate instead of refinancing now.
Visuals
Cumulative Savings (3 Years)
Break-Even Analysis (Now)
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