A more considered refinance
Your home. Your timeline. Your reasons. Let’s see whether a new mortgage earns its place—or whether the one you have still fits.
A clear recommendation, including when to keep your loan.
Utah & Idaho · 8am–8pm MT
The numbers, before the paperwork
A smaller payment is one part of the picture. Compare the savings with closing costs and the time you expect to keep the loan.
A few details from your current loan are all you need.
Use principal & interest only for your current payment. This comparison assumes closing costs are paid upfront and no cash is taken out. Both payments are assumed to continue for your selected horizon. Rates are examples, not current offers.
Your estimated break-even
—months
When monthly payment savings cover closing costs.
Comparing your costs with your timeline.
P&I comparison only. Not lifetime interest savings.
Estimate only. Excludes taxes, insurance, PMI, and changes in total interest.
Open the standalone calculatorA real person on the other side
Tell me what you’re working toward. We’ll look at the loan you have, the alternatives, and whether a change makes sense for you.
Prefer to talk? (801) 875-9147
There’s more than one way forward
A new payment. Access to equity. Or a first mortgage worth keeping.
Rate & term
Explore a new rate or term with the payment, closing costs, and break-even in view. Start with what you want the new loan to do.
Cash-out
Make room for a project or another priority. Compare replacing your mortgage with using a second lien before deciding how to access equity.
Keep the first
Your current mortgage belongs in the comparison, too. See what a separate equity line could look like while keeping your first loan in place.
The calculator above compares a refinance without cash-out. For equity, start with the cash-out or blended-rate comparison.
Before you replace your loan
The costs, the alternatives, and whether it makes sense to make a move at all.
Ask about your situationRecovering closing costs through monthly savings is one comparison. Also consider the new term, total interest, mortgage insurance, and how long you expect to keep the loan. A smaller payment can still mean a higher total cost.
A cash-out refinance replaces your first mortgage; a HELOC is a separate loan secured by your home. Compare fees, rates, repayment terms, and total costs. HELOC rates are often variable, and neither option is automatically better.
No. I run the break-even and the cost in writing. If you should keep the loan you have, that is the recommendation.