Refinance Analysis

Find out if refinancing makes financial sense — and when you’ll break even.

Your Current Loan

Tell us about the mortgage you have today.

Estimated market value of your home today. Check Zillow or Redfin for a quick estimate.
How much you still owe on your mortgage. Check your last mortgage statement.
Your current annual interest rate. Find it on your mortgage statement or online account.
Approximately how many years until your current loan is paid off.
Includes P&I, property taxes, and insurance. Does NOT include HOA.
Monthly HOA fee. Enter 0 if you don’t have an HOA.

Review Estimated Breakdown

We estimated your payment breakdown. Please review and adjust if needed.

Principal & Interest.

New Loan Details

What terms are you considering for the refinance?

The rate you’ve been quoted. Check current rates at Bankrate.com or ask your lender.
Typically 2–5% of your loan amount. Ask your lender for a Loan Estimate document for the exact figure.
If Yes, costs are added to your new loan balance. If No, you pay them out of pocket at closing.
Extra cash you want to take out beyond paying off your current loan. Enter 0 for a straightforward rate/term refinance.
Used to determine whether you’ll recoup your closing costs before you move. The longer you stay, the more refinancing tends to make sense.
What this calculates
We compare your current loan against the proposed new loan across monthly savings, break-even timing, and net financial position over 5, 10, and 15 years.
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    Monthly savings

    How much less you’d pay each month.

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    Break-even point

    When savings outweigh closing costs.

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    Long-term net position

    Total financial impact at 5, 10 & 15 years.

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