Estimate how long it takes for refinance savings to cover upfront costs.
Save + compare
Create a free account to save scenarios, compare options, and share results with your broker team.
Old payment minus new payment
See how long monthly savings take to offset upfront refinance costs.
Find how long it takes for refinance savings to cover penalties and fees.
Use it to decide whether refinancing makes sense today.
$5,000 penalty
See how long $150 monthly savings takes to recoup.
Short term remaining
Check if refinancing pays off with 18 months left.
Save and compare scenarios
Create a free account to save scenarios, compare options side by side, and share results with your broker team.
The calculator will show no breakeven; refinancing may not make sense.
Add cashback to reduce total costs for a clearer breakeven.
Often no. Compare renewal options before paying penalties.