Calculate Refinance Savings
Compare your current mortgage to a new refinanced loan
$
Current avg: 6.8% (30-yr)
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Refinance FAQ
When should I refinance?
Consider refinancing if you can lower your rate by 0.5-1% or more, plan to stay long enough to break even, or need to change your loan term.
What is break-even point?
The time it takes for your monthly savings to cover closing costs. Stay past break-even to truly save money.
Based on Freddie Mac and CFPB refinance data 2026