Refinance Break-Even Calculator

Mortgage clients refinance their mortgage for various reasons.

They may want to lower their interest rate or loan term – That can save you thousands of dollars over the life of the loan.

Others may use the equity from their home for a home improvement project, consolidate debt or to pay for school tuition.

There are usually some costs associated with a refinance. This calculator can help illustrate the costs and benefits and just how long it’ll take before you break even.