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Refinance Breakeven Calculator

Find out when refinancing your mortgage will pay off.

Breakeven Point

22 months

1 years 10 months to recoup closing costs

Comparison

Current Payment$1,862.85/mo
New Payment$1,589.81/mo
Monthly Savings$273.04/mo
Interest Saved$98,294
Closing Costs-$6,000
Net Lifetime Savings$92,294