Refinance Breakeven Point 2 years ago calcgeek com 14 minutes Loan balance Monthly payment Interest rate Refinancing rate Refinance term loan (years) Any closing costs? percentage cash amount Finance the closing costs? No Yes Please, Enter all values correctly. Monthly payment if you refinance Monthly payment reduction Length of time to recoup any closing costs Interest you will pay under your current loan Interest you will pay if you refinance Interest saved if you refinance Your net refinancing savings #Breakeven #point #Refinance