Refinance calculator

Refinance break-even calculator.

A refinance break-even estimate compares monthly savings against estimated closing costs. It is not the whole decision, but it is a practical starting point when reviewing a payment refinance, term change, or cash-out option.

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No hard credit pull to askHome Loan Matcher does not pull credit for a question or rate request.Atlas Harbour ownedHome Loan Matcher is owned by Atlas Harbour and keeps a clear opt-in trail.All 50 statesRequests can include purchase, refinance, FHA, VA, conventional, cash-out, and reverse mortgage scenarios.Not a lenderRates, terms, approval, and availability require mortgage professional or lender review.

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Check rates for this scenario.

Send the basics from this page and Stephen will see the request in the HomeLoanMatcher command center. The form keeps the source page and opt-in language with the inquiry.

Name Phone State Purpose Loan type Credit range Loan amount Best time

By clicking the button or submitting your information, you opt in to be contacted by Home Loan Matcher, Atlas Harbour, or a mortgage professional regarding your inquiry by phone, text, or email. Message and data rates may apply. You can opt out at any time on the opt-out page.

Crawlable rate reference

Public mortgage rate snapshots for comparison.

These examples use a $350,000 principal-and-interest-only loan so visitors and search engines can understand the rate context before a personal follow-up request.

Refreshed May 30, 2026

Mortgage News Daily

Daily index

6.65%

Loan: 30-year fixed index
APR: See source
$350k P&I: $2,247/mo

Fallback from last public check.

Source: Mortgage News Daily

Mortgage News Daily

Daily index

5.94%

Loan: 15-year fixed index
APR: See source
$350k P&I: $2,942/mo

Fallback from last public check.

Source: Mortgage News Daily

Freddie Mac national average

Weekly survey

6.51%

Loan: 30-year fixed
APR: See source
$350k P&I: $2,215/mo

Fallback from last public PMMS check.

Source: Freddie Mac PMMS

Florence Bank

0 points

6.125%

Loan: 30-year fixed
APR: 6.265%
$350k P&I: $2,127/mo

Fallback from last public lender PDF check.

Source: Florence Bank rates

Public examples only. Home Loan Matcher is not a lender and does not guarantee rates, terms, approvals, availability, or pricing. Actual options depend on borrower, property, program, points, fees, location, lock timing, and lender review.

Current payment

Use your current principal and interest payment, then separately consider taxes, insurance, and escrow changes.

Possible new payment

Use an estimated new payment for the loan scenario you want reviewed.

Closing costs

Include lender fees, title fees, points, prepaid items, and other costs you expect to finance or pay.

Time in the loan

Break-even is most useful when compared with how long you expect to keep the home or loan.

Common questions

Does break-even decide whether I should refinance?

No. It helps compare monthly savings and costs, but term reset, cash-out goals, mortgage insurance, and total interest also matter.

Can a cash-out refinance have a different goal?

Yes. Cash-out refinance may be about equity use, debt payoff, improvements, or liquidity, not only monthly savings.

Can I ask about a refinance without applying?

Yes. Send a question with your state, home value estimate, loan balance, credit range, and goal.