Texas Buyer Tool
Refinance Break-Even Calculator
See how long it takes to earn back the closing costs of a Texas refinance — and your total lifetime savings.
Your inputs
Break-even point
16 months
~1.3 years to recoup costs
Current monthly P&I
$2,032
New monthly P&I
$1,686
Closing paid in cash
Monthly savings
$346
Lifetime savings
$70,224
vs. keeping current loan
Alternative: roll closing costs into the loan
New payment if you finance the closing costs: $1,718 - no out-of-pocket cash, but slightly higher monthly payment and more total interest.
Break-even assumes you stay in the home and don’t refinance again. Texas cash-out refinances are governed by Section 50(a)(6) and have a 2% fee cap on certain costs — confirm with a licensed Texas lender.
Your next step
Turn this into a plan
Step 1 · 30 seconds
See which programs you may qualify for
Four questions surface the federal, Texas state, county, and city programs that fit your situation. No credit pull, no email required.
Take the eligibility quizStep 2 · Free download
Get the 31-page Texas Buyer Playbook
Every stackable program, the concession caps by loan type, lender questions, and the closing-day checklist — in one PDF.
Download the playbookStep 3 · When you’re ready
Get introduced to a licensed local professional
Tell us your county and we’ll introduce you to a TREC-licensed real estate professional who works that market.
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