When to Refinance Your Mortgage in 2025

• Rate drop vs. costs: Compare monthly savings to closing costs; a 24–30 month break-even is a common target.
• Term reset: Shorten to 20/15 years to save interest, or keep the remaining term via a custom amortization.
• Credit & LTV: Better scores and lower LTV can improve pricing.

Run scenarios in our Refinance Calculator and full payment details in the Amortization Calculator.