Refinance Closing Cost Calculator
Closing costs change break-even whether you pay them up front or roll them into the new balance. This preset rolls $6,000 into a $300,000 balance at 6.875% with 25 years left, refinanced at 6.125% over 30 years — a higher loan amount and a slightly higher payment than paying costs separately.
Toggle paid up front vs rolled in with the controls below to see how the new balance, monthly payment, and break-even month move together. The cumulative savings table runs month by month until savings exceed closing costs.
Your numbers stay on your device. This does not model lender credits, escrow waivers, or title discounts. Not financial advice.
Your loan numbers stay in your browser. We never see them, and nothing is saved.
Current monthly payment: $2,096.48
New monthly payment (30 yr): $1,859.29
Monthly difference: $237.19
Same remaining term at new rate: $1,995.01 per month
Break-even: Month 26
Remaining interest on current loan: $328,940.43
Total interest on new loan: $363,342.87
Lifetime interest difference: $-34,402.44
Closing costs ($6,000.00) rolled into new balance ($306,000.00).
This is an estimate for planning, not financial advice.
Cumulative savings through break-even
| Month | Monthly savings | Cumulative savings |
|---|---|---|
| 1 | $237.19 | $237.19 |
| 2 | $237.19 | $474.38 |
| 3 | $237.19 | $711.57 |
| 4 | $237.19 | $948.76 |
| 5 | $237.19 | $1,185.95 |
| 6 | $237.19 | $1,423.14 |
| 7 | $237.19 | $1,660.33 |
| 8 | $237.19 | $1,897.52 |
| 9 | $237.19 | $2,134.71 |
| 10 | $237.19 | $2,371.90 |
| 11 | $237.19 | $2,609.09 |
| 12 | $237.19 | $2,846.28 |
Showing first 12 of 26 months. Download PDF or CSV for the full table.
The Nifty App · theniftyapp.com