A lower rate does not always mean a better mortgage. Our refinance analysis gives you a clear comparison of your current loan and proposed new loan so you can see the numbers that actually matter, including monthly payment, interest savings, closing costs, loan term, equity, cash flow, and long term financial impact.
Whether you own a primary residence or an investment property, the analysis helps you determine:
Enter your loan numbers and adjust the control dial below; payment, breakeven, the rate ladder recalculates instantly.
Rolling high-interest debt into a cash-out refinance can lower your total monthly outflow. See whether it actually does.
Rate locks move. Here's how your new payment shifts a quarter-point in either direction from what you entered above.
The month your monthly savings catch up to what you paid in closing costs. Everything past this mark is money back in your pocket.
Now that you know what rate and terms you'd like, use our non-QM bank statement income calculator (if self-employed) or the asset-based loan calculator if you have significant account asset balances