Refinance Break-Even Calculator
Find the exact month your closing costs pay for themselves — and whether it's worth it before then.
Freddie Mac estimates 2%–6% of the loan balance; this defaults to 4%.
Educational estimate only, not a loan offer — actual break-even depends on your lender's final Loan Estimate, and this doesn't account for a change in loan term (e.g., 30-year to 15-year), which changes the math beyond just the rate.