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Refinance breakeven calculator
Monthly savings and months-to-breakeven, from four slidersLoan balance$380,000
Current rate6.875%
New rate6.25%
Closing costs$6,000
SAVINGS
BREAKEVEN
5-YR NET
Principal-and-interest comparison over a 25-year remaining term at the rates you set; excludes taxes, insurance, PMI, and term-reset effects. Illustrative only — not a loan offer or financial advice.
How to read your result
- Under 18 months — strong. Hard to lose unless you move almost immediately.
- 18–36 months — reasonable if you're confident you'll keep the home.
- 36–60 months — marginal; a lot can change in 3–5 years.
- Over 60 months — usually a pass at these numbers. Why breakeven decides it →
Good numbers today can be great numbers later
Assign a free agent to your loan. It re-runs this math against live lender pricing every day and alerts you the moment the breakeven gets genuinely good.
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