Review what your current loan can do
Refinance with a clear reason—and complete numbers.
Evaluate payment savings, term changes, equity access, costs, and break-even timing before you replace an existing mortgage.
Before the application
Define exactly what the refinance should improve.
A lower rate can be valuable, but the complete decision includes closing costs, remaining term, cash flow, loan balance, equity, taxes, insurance, and the time required to recover the cost.
Request a refinance reviewThe process
A disciplined refinance review.
Compare the current loan with a proposed loan before considering the outcome an improvement.
Define the goal
Lower payment, shorter term, debt restructuring, equity access, or a different loan feature.
Document the current loan
Balance, rate, remaining term, payment, escrow, property value, and any mortgage insurance.
Compare complete costs
Rate, points, lender and third-party fees, new balance, cash received, and cash required.
Calculate break-even
Measure how long it takes monthly savings to recover the cost—and whether the time horizon supports it.
Underwrite the new loan
Verify income, assets, credit, property, title, insurance, and program requirements.
Close with clarity
Review the final disclosure, funds, payment date, escrow treatment, and servicing transition.
Test the numbers
Estimate savings and break-even time.
Use the calculator suite as an educational starting point, then review the result with Gin.
Open the relevant calculator