The Mortgage Refinance Break Even calculator will give you an idea of how long it will take you to recoup closing costs or points from a refinance. This is important when you are considering refinancing but want to make sure it makes good financial sense.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.