Step 1 · Finance / Refi / Equity
Refinance Break-Even
Compare current vs new mortgage payment and estimate break-even timing.
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Start Here: Refinancing
A step-by-step path to compare refinance options and equity-access alternatives.
Begin with break-even analysis, then compare HELOC and cash-out structures so payment and liquidity tradeoffs are visible in one workflow.
Review amortization impacts and available equity before making decisions that reset term length or increase secured debt.
Recommended order
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Step 2 · Finance / Refi / Equity
HELOC vs Cash-Out Refi
Compare monthly payment and interest tradeoffs between HELOC and cash-out refinance.
Step 3 · Finance / Refi / Equity
Cash-Out Refi
Estimate new loan amount, monthly P&I, net cash received, and 5-year refinance cost impact.
Step 4 · Finance / Refi / Equity
HELOC Payment
Estimate HELOC monthly payment during draw and repayment with interest-only or amortized draw options.
Step 5 · Finance / Refi / Equity
Home Equity
Estimate your current equity, available borrowing room at max LTV, and current loan-to-value ratio.
Step 6 · Finance / Mortgage
Amortization Schedule
Build a monthly amortization path with optional extra principal and exportable schedule data.
Important Disclosures
This calculator provides planning estimates for educational purposes only. Verify all assumptions with licensed professionals before making financial, legal, tax, insurance, or construction decisions.
- For educational and informational purposes only; results are not personalized advice.
- This tool does not provide financial, tax, legal, investment, insurance, lending, or contractor advice.
- No warranty is provided for accuracy, completeness, merchantability, or fitness for a particular purpose.
- Outputs are estimates and may differ materially from real-world quotes, rates, fees, taxes, underwriting outcomes, and market conditions.
- Rates, terms, fees, eligibility standards, and regulations can change at any time and vary by location, property, credit profile, and provider.
- You are responsible for verifying all inputs and independently validating outputs before relying on them.
- Consult qualified professionals such as lenders, CPAs, attorneys, licensed insurance agents, and contractors before acting.
- Projections and historical trends are not guarantees of future performance or results.
- Use of this tool does not create an advisory, fiduciary, brokerage, legal, insurance, or client relationship.