Free Refinance Calculator

Refinance Calculator

Free & Comprehensive - Calculate mortgage refinance savings, break-even analysis, and determine if refinancing makes financial sense

Refinance Details

Refinance Tips:

• Include all closing costs for accurate analysis

• Consider how long you plan to stay in the home

• Compare total costs, not just monthly payments

Refinance Analysis

Enter your current and new loan details to analyze refinancing

Get comprehensive break-even analysis and recommendations

Why Use Our Refinance Calculator?

Break-Even Analysis

Calculate exactly how long it takes to recover closing costs through monthly savings to make informed decisions.

Smart Recommendations

Get data-driven recommendations based on rate reduction, break-even period, and loan-to-value ratios.

Cash-Out Analysis

Evaluate cash-out refinancing options to access home equity for investments, improvements, or debt consolidation.

Rate Scenarios

Compare different interest rate scenarios to understand the impact of rate changes on your refinancing decision.

Frequently Asked Questions

Consider refinancing when you can reduce your interest rate by at least 0.5-1%, need to access home equity, want to change loan terms, or switch from adjustable to fixed rate. Factor in closing costs and how long you plan to stay in the home.