Mortgage Refinance Breakeven

Enter the appropriate information in the fields below to determine the point at which you will break even if you refinance your mortgage.

Click the calculator icon below the graph to view balances for your original loan and for the refinanced loan

Original loan amount:

Appraised value:

Years remaining:

Original interest rate:

Term in years:

Income tax rate:

New Loan Balance, Rate, and Closing Costs

Check here to calculate balance

Loan balance:

Term in years:

Other closing costs:

Appraised value:

Interest rate:

Loan origination rate: = $$$

Points paid: = $$$

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Graph selection:

Breakeven points
Monthly payment breakdown
New payment by year
Old payment by year
Prepaid payment by year

Report options:

Show schedule by year
Show schedule by month

The information provided by these calculators is intended only for general information and educational purposes. The calculated results are intended for illustrative purposes only; accuracy is not guaranteed.. The default figures shown are hypothetical and may not apply to your situation. Please consult a financial professional for advice regarding your personal circumstances.