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Refi Readiness Score.

Run the break-even math on a mortgage refinance in 60 seconds. Your balance, your current rate, your closing costs, today's averages. Educational only, not financial advice.

Typically 2–5% of loan balance, or $5K–$12K flat on a conventional refi.
Enter your numbers to see the break-even math and a verdict.

What we're actually doing

Most refi calculators just show you the new monthly payment. This one surfaces what actually matters: months to break even (closing costs ÷ monthly savings) and the amortization-clock trap most 30-year-to-30-year refis create.

  • Go if break-even is under 24 months and you're staying put longer than that.
  • Marginal if break-even is 24–48 months — the math works only if you don't move soon.
  • Skip if monthly savings are below $50 or break-even pushes past 4 years.

We don't model cash-out refis, ARM conversions, or VA/FHA streamlines — those have different mechanics. For edge cases, talk to a mortgage broker (not a retail loan officer at one lender).

That's your brief. The move is yours.
— The MoneyBrief Team