Refinance Breakeven Calculator

Consider multiple factors to determine when you'll break even on refinance costs.

Figuring out if refinancing your mortgage is a smart option depends on how long it will take to pay off the costs associated with the refinance. This calculator looks at various factors, including your current interest rate, the new potential rate, closing costs and how long you plan to stay in your home. The mortgage refinance calculator helps sort through the confusion and determine if refinancing your mortgage is a sound financial decision.