Refinance: Break-Even & Monthly Savings
Compare your current loan to a new rate and term. See monthly savings and how many months until closing costs are paid off.
Current loan
New loan & costs
Monthly savings
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Break-even (months)
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- Current payment (P&I)—
- New payment (P&I)—
- Closing costs—
If you stay past break-even, the refinance pays for itself. Savings compares monthly payments only — a new 30-year term restarts amortization, so ask Adam for the interest-over-time comparison. Assumes closing costs paid in cash. Not a commitment to lend.
← All calculators · Explore refinance options & guidelines →
Explore the details
Examine Texas equity rules, closing cost structures, and strategic alternatives before executing a refinance.
Refinance Loan Overview →
Rate-and-term strategies to lower payments, shorten amortization, or remove monthly private mortgage insurance.
Texas Cash-Out Refinance (50(a)(6)) →
Understand strict Texas constitutional requirements, 80% maximum LTV caps, and statutory 12-day seasoning disclosures.
DSCR Rental Cash-Out Refinance →
Access investment property equity without personal tax return documentation or primary residence restrictions.
Temporary Buydown Calculator →
Model temporary rate reductions (2-1 buydowns) to balance short-term monthly savings against permanent refinance costs.