Refinance Calculator

When Does Refinancing Make Sense?

Find your break-even point — how many months until your monthly savings cover the closing costs.

Current Loan

Remaining Balance

Current Interest Rate

Remaining Term

New Loan

New Interest Rate

New Term

Estimated Closing Costs

Break-Even Point

38 mo

3.2 years to recoup closing costs

⚠ Consider if you plan to stay long-term

Current Monthly Payment$2,237

New Monthly Payment$2,076

Monthly Savings$162

Closing Costs$6,000

Lifetime Savings$52,310

Explore My Refinance Options

Disclaimer: This calculator provides estimates for informational purposes only. Actual refinance savings depend on your credit profile, loan type, lender fees, and market conditions. Contact Suella Hughes for a personalized refinance analysis.