The question: Should you refinance today, or wait for rates to drop further? Every month you wait, you're paying the higher rate. This tool quantifies exactly what waiting costs — and whether that future lower rate actually wins.
Current Loan
Current Loan Balance
Current Rate
%
Remaining Term
yrs
Current Monthly P&I Auto-calculated — override if needed
Estimated Refi Closing Costs
Rate Scenarios
New Rate Available Today
%
Expected Rate If You Wait The rate you're hoping for
%
Months to Wait
mo custom
Refi Now
New Monthly P&I—
Monthly Savings—
Breakeven—
Net Savings at 5 Years—
Wait 6 Months for 6.25%
Future Monthly P&I—
Future Monthly Savings—
Interest Overpaid While Waiting—
Breakeven from Today—
Net Savings at 5 Years—
Calculating...
Cumulative Savings from Today (Months)
This communication is for informational and educational purposes only and does not constitute an offer to lend or a commitment to make a loan. All loans are subject to credit approval, underwriting guidelines, and property approval. Interest rates, payment examples, programs, and terms are illustrative, vary by borrower qualification, and are subject to change without notice. Not all applicants will qualify. Examples shown do not reflect all costs of a mortgage transaction. Consult a licensed tax or legal advisor regarding your individual situation. HomeWealth Solutions LLC is licensed by the Florida Office of Financial Regulation, Mortgage Broker License #MBR8082. Verify our licensure at www.nmlsconsumeraccess.org. Equal Housing Opportunity.