Owning

Refinance breakeven

Whether a refi pays for itself, and how fast.

Refinance breakeven

22 months to break even

Payment today (P&I)
$2,281
New payment (30-yr, P&I)
$2,002
Monthly savings
$280/mo

Staying past the break-even makes the refi worth the closing costs. Note a new 30-year clock restarts amortization — ask about matching your remaining term instead.

We’re not a lender — this is a budgetary comparison. Real refi quotes include escrow, rate locks, and payoff timing — we’ll introduce you to a lender who’ll run the exact numbers.

Talk to a lender

These are the lenders Allen works with. For any lender you’d like to talk to, tap Make introduction — we’ll make the introduction for you.

Allen Markel is a licensed Texas REALTOR®, not a mortgage lender or loan originator. He does not quote rates or terms and does not decide whether you qualify — only a lender can do that. Introductions are a courtesy; you choose who to work with.

Numbers raising questions? Walk through them with a person.

Schedule time with Allen