About Refinance Break-Even

Refinance Break-Even helps homeowners answer one question before they pay for a refinance: how long until it pays for itself?

Our calculator compares your current loan with a possible new one, shows the monthly savings, and tells you how many months it takes to recover the closing costs. It also warns you when a lower payment comes from stretching the loan rather than from a better rate.

Everything runs in your browser, so the numbers you enter stay private.

Important note

Our tools provide estimates for educational purposes only. They are not financial, tax, or legal advice. Talk to a licensed mortgage professional before making a decision about your own loan.