Mortgage Refinance Calculator
Compare principal-and-interest payments, lifetime interest, closing costs, and estimated break-even.
Mortgage Refinance Calculator
Compare principal-and-interest payments, lifetime interest, closing costs, and estimated break-even.
Method and assumptions
Figur applies straightforward arithmetic to the values you enter. The calculation runs locally in your browser and is not stored.
- The result depends on accurate inputs and units.
- External factors, fees, taxes, or rules not requested by the calculator are not included.
- Use the result as a planning estimate and verify any high-stakes decision.
Sources and references
No external data source is required: this calculator uses standard arithmetic and the values you enter.
Frequently asked questions
What does break-even mean?
It is closing costs divided by monthly payment savings; it does not include taxes or investment returns.
Are escrow costs included?
No. Property tax, insurance, and mortgage insurance are excluded.