Refinance Breakeven Calculator
Calculate potential savings from refinancing your current mortgage and find your break-even point
Equal Housing Lender • Loans originated by Nick Petrosov (NMLS #2015537) through Guild Mortgage Company (NMLS #3274)
Licensed in California. This is not a commitment to lend. All loans subject to underwriting and credit approval.
Refinance Calculator
Compare your current mortgage with a refinanced loan to see potential savings, break-even point, and total costs.
Loan Details
Current Loan
New Loan
Your Results
Types of Refinancing
Choose the refinance option that best fits your financial goals and situation.
Rate & Term Refinance
Lower your interest rate or change your loan term to reduce monthly payments.
Cash-Out Refinance
Tap into your home equity to get cash for home improvements or other expenses.
FHA Streamline
Simplified refinance for existing FHA borrowers with minimal documentation.
VA IRRRL
Interest Rate Reduction Refinance Loan for eligible veterans and service members.
When to Consider Refinancing
• Interest rates have dropped by 0.5% or more
• You can break even within 2-3 years
• You want to switch from ARM to fixed-rate
• You need cash for home improvements or debt consolidation
Ready to Refinance?
Lower your payment, tap equity, or switch loan products. Get a personalized refinance analysis.