The Handy Pages
Search
Calculators

Refinance Closing Cost Calculator

Closing costs change break-even whether you pay them up front or roll them into the new balance. This layout 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

MonthMonthly savingsCumulative 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 Handy Pages · thehandypages.com

More refinance presets

Related calculators

Pay off loans & debt