Extra Principal Payments Mortgage Refinancing Calculator

Refinance Crossover Calculator

Scheduled Extra Payment Refinance Crossover

Calculate the exact month your interest savings cover the closing costs, based on your custom payment schedule.

Refinance Effective Date (Start of Simulation)

Original Loan Principal ($) Current Remaining Balance ($) Original APR (%) Original Loan Start Date Original Loan Term (Years)

New APR (%) Cash Out Amount ($) New Term (Years) Refinance Closing Costs ($)

Maintain Original Monthly Payment (Recapture Savings)

Recurring Monthly Extra Payment ($)

The simulation uses the month of the date provided. Payments made in the same month are aggregated.

Fill in the details and click Calculate.