See your new payment, monthly savings, and exactly when you break even on closing costs.
This break-even calculator gives you a solid starting point — but your actual savings depend on credit score, loan type, and closing costs. We shop 50+ lenders to find your lowest rate.
We shop dozens of lenders simultaneously to compare competitive refinance options for your profile.
Banks only offer their own products. As a broker, we bring competition to your refinance.
Know your real refinance rate and savings before you commit — fast and at no cost to you.
Talk to a licensed mortgage advisor 7 days a week, 9AM–9PM. We answer your calls.
No credit pull required for pre-qualification
Apply in minutes and get a real rate quote from our licensed advisors.
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Refinancing can lower your rate or payment, but it isn't free — closing costs mean it only pays off if you keep the home long enough to recover them. This calculator finds your break-even month so you can decide whether refinancing your Florida mortgage is actually worth it.
If you'll stay past break-even, the monthly savings are yours. If you might sell sooner, refinancing could cost more than it saves.
Enter your current and new loan terms plus refinance costs, and we calculate your monthly savings and the month you break even.
Compare the monthly savings to the refinance costs. If you'll keep the home past the break-even month, it's usually worth it.
Lender fees, title, recording, and possibly an appraisal — the calculator lets you enter total costs to find break-even.
It can. A new 30-year term lowers payments but extends payoff; weigh that against your goals.
General information for Florida home buyers and sellers, not legal, tax, or lending advice. Figures are planning estimates; your final numbers come from your lender, title company, and closing agent.
The numbers are the start — a local Divito Real Estate Group agent turns them into a plan across South Florida and the Treasure Coast.