Advanced Mortgage Refinance Calculator
Professional-grade break-even analysis with advanced features including net worth calculations, cash-out refinancing, and debt consolidation scenarios.
Current Mortgage
New Mortgage Terms
Refinancing Costs
Legal fees, appraisal, discharge fees, etc.
Recommended: Prepaid interest is part of regular payments, not a true closing cost
Advanced Analysis
Factors in principal paydown differences for more accurate analysis
Enter your mortgage details to see the break-even analysis
Advanced Refinancing Analysis
Professional-grade tools for informed refinancing decisions
Prepaid interest is the interest you pay from your closing date to the end of that month. It's not a true closing cost since you'd pay this interest anyway.
Best Practice:
Exclude from break-even calculations for accuracy
Advanced analysis that considers how different amortization periods affect your principal paydown and overall net worth over time.
When to Use:
Extending your mortgage term or investment properties
Cash-out refinancing can provide funds for home improvements, debt consolidation, or investments while potentially lowering your overall borrowing costs.
Key Advantage:
Replace high-interest debt with low-rate mortgage debt
Excellent (<=24 months)
Strong refinancing opportunity with quick payback period
Good (<=36 months)
Generally favorable if you plan to stay in your home
Long (>36 months)
Consider carefully based on your long-term plans
Ready to Explore Refinancing Options?
Get personalized advice from our mortgage experts. We'll help you find the best refinancing solution for your situation with professional-grade analysis.
Have Questions About Refinancing?
Our mortgage experts are here to help you make the right decision