Mortgage Refinance
Enter your current mortgage and the new offer. We'll show the break-even month, monthly savings, and whether you'll actually come out ahead.
$349/mo
monthly savings
Break-even: 19 months
The verdict
New payment
$1,701
Monthly savings
$349
Break-even
19 mo
Savings while you stay
$22,806
Interest saved (lifetime)
$45,299
Freedom Coach™
Refi wins by $22,806 in the 7 years you'll stay.
New payment: $1,701/mo (saves $349/mo). Breakeven on $6,500 in fees: 19 months.
Premium
Save multiple refi offers side-by-side and compare 15/20/30-year terms in one dashboard.
Unlock PremiumWhen you'll stay in the home LONGER than the break-even month. Rule of thumb: refi if you'll save more than the closing costs in the years you'll stay put.
Old rule: refi if new rate is 1%+ lower. Modern rule: math it — a 0.5% drop can be worth it on a $500k loan; a 1% drop may not be on $150k.
Yes if the break-even shifts inside your stay horizon. No if you have cash and plan to stay 10+ years — you'll pay interest on those fees for decades.
Yes — quietly. Model a 15/20-year refi too. Same monthly savings, dramatically less total interest.
Typically 30–45 days. Rate lock 45–60 days is standard. Have 2 months of statements and W-2s ready to submit fast.
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