🔄
Refinance Calculator
Calculate your break-even point and potential savings
Your Current Loan
New Loan Details
🏆
Earn a Badge!
Complete this calculator to earn the "Refi Analyst" badge!
When Does Refinancing Make Sense?
📉
Lower Your Rate
Generally worth it if you can lower your rate by 0.5-0.75% or more.
🏠
Plan to Stay
You should stay in the home longer than your break-even point.
💰
Closing Costs
Expect to pay 2-5% of loan amount in closing costs.
Disclaimer: This calculator is for educational and illustrative purposes only. Our Loan Pro is not a mortgage lender, broker, or loan originator. Results are estimates only and do not constitute a loan offer, rate quote, or pre-approval. Consult a licensed mortgage professional for accurate quotes and personalized advice.