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Refinance Breakeven ची गणना कशी करावी

Refinance Breakeven म्हणजे काय?

Refinance calculator determines if refinancing saves money by comparing closing costs to interest savings over remaining loan life.

चरण-दर-चरण मार्गदर्शक

  1. 1Input original loan, new loan terms, closing costs
  2. 2Calculate monthly savings
  3. 3Find breakeven month (savings > costs)

Worked Examples

इनपुट
Refi $300k at 0.5% lower rate, $3000 costs
परिणाम
Breakeven in ~24 months, refinance if staying longer
Popular above 1% savings

Common Mistakes to Avoid

  • Ignoring closing costs (significant)
  • Assuming you'll keep home long-term

Frequently Asked Questions

Should I refinance?

If breakeven before selling/payoff and rate drops significantly (0.5%-1%+).

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