A lower payment is only half the story. See your monthly savings, your break-even point, and the lifetime cost — compared honestly.
Current loan
$
New loan
$
Monthly savings
—
—
Break-even point
—
time for savings to repay closing costs
——
Cumulative savings after closing costs
The payment is the headline. The term is the fine print.
Refinancing decisions hinge on how long you'll stay, what the new term really costs, and what else those closing-cost dollars could do. We'll run the full comparison for your plans.
