Mortgage Refinance Analysis Tools

Grades your loan-to-value ratio, debt-to-income ratio, rate gap vs. market, and credit score on a 100-point scale. Returns a letter grade (A–F) with a prioritized improvement checklist. Identifies which single factor most limits your refinance options.

A scored 7-question quiz that evaluates the six factors lenders weigh most heavily. Returns a Readiness Score (0–100), a tier classification (Ready Now / Strong Candidate / Work in Progress / Not Yet Ready), and next steps for each weak factor.

The deepest single tool on the site. Weights six factors simultaneously — rate drop, equity, credit, DTI, break-even, and loan age — into a Risk Score and Confidence Score. Produces a year-by-year equity projection through the end of both loan terms. Use it to quantify and validate what the Health Score and Readiness Assessment flagged.

Scores the timeliness of refinancing on a 0–100 scale. Factors in rate drop magnitude, break-even vs. planned stay, rate direction expectations (rising/flat/falling), and inflation outlook. Outputs cost-of-waiting analysis — what 6 or 12 months of delay costs at current rates.

Visualizes year-by-year amortization for two loans simultaneously — interest paid, principal paid, and remaining balance — as an animated bar chart. Makes the amortization reset trade-off concrete: at what year does the new loan's cumulative cost cross below the current loan's? Especially powerful for comparing 30-year vs. 15-year scenarios.

Compares five strategies side by side over any horizon: do nothing, refinance to lower rate, pay extra principal each month, recast after a lump sum, or invest the difference. Uses the future-value annuity formula for investment scenarios. Returns total paid, total interest, balance at horizon, and net worth impact for each strategy.

Free-form comparison of up to four parallel mortgage scenarios. Each scenario has its own balance, rate, term, and closing costs. Compare monthly payment, total interest, 5/10/20-year cost, and break-even vs. Scenario 1. Scenarios save automatically in your browser. Use it for offer comparisons, term analysis, or stress-testing specific lender quotes.

Models the ROI of three cash-out use cases: home improvement (appreciation vs. interest cost), debt consolidation (interest comparison), and college/529 investment (mortgage interest vs. projected account growth). Includes an opportunity cost table comparing investing the equity vs. paying down the mortgage. Links to the HELOC vs. Refinance Calculator for cost comparison.

Looks up recording fees, transfer taxes, attorney fees, appraisal, and title insurance for all 50 states and computes your total estimated closing cost in seconds. Shows the cheapest and most expensive states side by side. Data sourced from state statutes and ALTA survey medians. Critical before comparing offers from lenders in different states. See also: Refinance by State hub.