Refinance timing
YS Refi BreakPoint™
The tool serious investors say YES to.
Refinancing only makes sense if you hold long enough to recover the closing costs through lower interest. Enter your costs and the old vs. new rate to find the break-even point — the month the refi pays for itself.
Rate & term refi
No credit pull
Estimates only
Fill the input fields — the break-even updates automatically.
1 Loan & rates
Inputs$
%
%
2 Refinance closing costs
One-timeAdd every cost to close the new loan. They total automatically.
$
$
$
$
$
$
$
$
$
Total closing costs
$10,550
Monthly interest savings
$667
Old monthly interest
$2,667
New monthly interest
$2,000
Interest is compared on an interest-only basis (rate × balance ÷ 12) to isolate the savings from the rate change itself — a clean, conservative way to judge timing.
If you plan to keep the property longer than the break-even, the refinance should save you money overall.