Calculators
Refinancing isn't automatically a good idea just because rates dropped — closing costs have to be recouped first. See your actual break-even point before deciding.
Current Loan
New Loan
$370
Monthly savings
$2,217
Current payment
$1,847
New payment
13.5 months
Break-even on closing costs
$117
Lifetime interest change
These calculators provide estimates for educational purposes only — they are not a loan quote, rate lock, pre-approval, or commitment to lend, and actual figures depend on your full application, credit profile, and current rates through Unitas Lending. Property tax, insurance, and HOA figures are user-entered estimates, not verified amounts.
Want real numbers instead of an estimate? Get pre-approved.
Frequently Asked
Compare the monthly savings against the closing costs — the break-even point is how many months of savings it takes to recoup what you paid to refinance. If you plan to stay in the home past that point, it's usually worth it.
Yes — a refinance is a brand-new loan replacing the old one, with its own term and its own amortization schedule from month one, regardless of how far along you were on the original loan.