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Mortgage Refinance Breakeven Calculator
How long will it take to break even on a mortgage refinance? That depends on a multitude of factors including your current interest rate, the new potential rate, closing costs and how long you plan to stay in your home. Use the mortgage refinance breakeven calculator below to sort through the confusion and determine if refinancing your mortgage is a sound financial decision. Click the 'View Report' button for a detailed look at your records.