Interest Rate Calculator
What interest rate do you need to refinance?
Enter your mortgage details and we’ll calculate the highest interest rate that still makes refinancing a clear win.
What this calculator considers
We use the same methodology that powers our refinance analysis report. A rate is marked as worthwhile only if all of the following are true:
- You break even on closing costs before you sell or finish the loan.
- The new monthly payment is lower than your current one.
- You spend less in total when accounting for principal, interest, and closing costs.