Free Calculator
Refinance Break-Even Calculator
Enter your current loan, the new offer, and how long you plan to stay. The calculator returns the month you recover closing costs and whether refinancing pencils for your horizon.
Current payment
$1971.74
New payment
$1671.94
Monthly savings
$299.81
Break-even point
22 months
Over your 7-year horizon, refinancing would net $18684 after recouping closing costs.
Break-even lands within your horizon — refi math pencils.