If you refinanced today
We watch rates daily and email you the moment it's worth acting.
Worth watching.
The savings are real but it takes 50 months to earn back closing costs. Worth it if you're staying put.
Your numbers
Percent — check your latest mortgage statement.
Roughly what you still owe.
Your original term minus how long you've been paying.
Not needed for this math — it just lets us track your value too.
The math, in full
Saved over 5 years
$12,329
If you keep the loan that long, minus closing costs: $2,079 net.
Rate you'd need
5.70%
The highest rate at which refinancing pays for itself within 24 months. Watch for this.
Where these numbers come from
Today's rate
Freddie Mac's weekly national average via FRED — as of Jul 23, 2026.
Your rate & balance
You told us. Your latest statement has the exact figures.
Closing costs
Estimated at 2.5% of the loan — typical for lender fees, title, and appraisal. Your actual quote will vary.
No credit check
Nothing here touches your credit. No inquiry, no trigger lead, no lender calls.