Refi Runway
Will refinancing
actually pay off?
Enter your numbers below. We'll tell you the month your new mortgage starts putting money back in your pocket instead of taking it.
Break-even point
27months
That's about 2 years and 3 months of payments.
Good deal
You're saving $349/month — worth it if you'll stay past month 27.
The runway
Gold = savings piling up. Coral line = what refinancing cost you. Where they cross is break-even.
Cumulative savings
Refinance cost
Break-even month
Not sure what this number means for you? Read how to know if refinancing is worth it →