How long will it take to break even with a mortgage refinance? That depends on several factors, including your current interest rate, the potential new interest rate, closing costs and how long you plan to stay in your home.
Use this refinance break even calculator to determine if refinancing your mortgage is a good idea. Click the "View Report" button for a detailed look at your possible mortgage refinance.
Calculate how long it might take to break even with a mortgage refinance
These calculators are provided by one or more third-party service providers. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. Zions Bank cannot and does not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and for illustrative purposes only. Use of these calculators does not constitute an application for, commitment to extend, or approval of, a request for credit. The calculated results are in no way endorsed, offered or guaranteed by Zions, our subsidiaries or affiliates. These calculators do not offer tax, legal or financial advice. We encourage you to seek personalized advice from qualified professionals regarding all personal financial issues.