Lower your rate, shorten your term, or turn equity into cash — and see your real breakeven before you commit. We compare lenders, and sometimes the honest answer is “not yet.”
Rate & term: replace your current mortgage with a better one — lower rate, shorter term, or off an adjustable rate. Cash-out: refinance for more than you owe and take the difference in cash for renovations, debt consolidation, or investments. If you'd rather keep your current low rate and still tap equity, compare a HELOC instead — we'll show you both.
When your monthly savings repay the closing costs before you plan to move — that's your breakeven. Our Refinance calculator shows it instantly, and we'll verify with real quotes.
Most programs allow up to 80% of your home's value, minus what you owe. On a $400,000 home with a $200,000 balance, that's up to $120,000 in accessible cash.
Only if you choose a new 30-year term. Many clients refinance into 20- or 15-year terms — or take a 30 for flexibility and pay it like a 15. We'll model the options.
Five minutes to real numbers — and if the math doesn't work yet, we'll tell you that too.