🎯 Refinance Alert Calculator · Know Your Number

When Should You
Refinance?

Enter your current mortgage details. See exactly which rate triggers your refinance, your break-even point, and your 30-year savings at every level.

Your Current Mortgage

Your Current Situation

📊 Your Refinance Trigger Points

Every row below shows what happens when rates drop to that level. Green rows = refinance makes sense.

🎯 FRC RATE SNIPER — SIMULATION
This is what your alert would look like
Banks won't tell you when to refinance — it costs them money. This is the alert you'd get from a system that actually works for you:
⚠️ This is a simulation. Bookmark this page and return when rates drop to your trigger rate.
🏦 Banker's Note — 23 Years Experience

"The 14-day rate shopping rule: multiple mortgage inquiries within 14 days count as ONE hard pull on your credit. So when rates hit your trigger, get 3-5 quotes simultaneously within that window. The difference between lenders can be 0.25-0.5% even at the same market rate — that's thousands of dollars."

📋 Methodology: Break-even = closing costs ÷ monthly savings. All calculations use standard amortization. Closing costs estimated at user-entered amount. Rate data: Freddie Mac PMMS. Educational use only — not financial advice. Always consult a licensed mortgage professional before refinancing.
The part almost nobody publishes free

Prices and rates are widely reported. Whether a lender says yes is not. In the complete 2025 federal record, denial rates across the 100 largest FHA lenders ran from 1.8% to 78.7% — same programme, same year.

And it is not simply who applies where: standardizing on state, loan amount, income, debt-to-income and loan-to-value, applicant mix explains only a 2.7× range in expected outcomes.

Which lenders approve most → Your metro → Denied? →

CFPB HMDA 2025, computed by FinanceRateCalc. Covers the highest-volume lenders published per market, not all lenders. Historical observations, not predictions. CC BY 4.0, not independently reproduced.

The Denial Dispatch
One finding a week from the federal mortgage record.
One chart, three paragraphs, every Saturday. Measured, not assumed.
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AI Accuracy Index The Door Effect The Denial Map Open Data About 184 Metro Gaps Evidence Navigator Hallucination Files Press Newsletter
FinanceRateCalc · Independent analysis of the complete federal HMDA record · Measured, not assumed. · No lender or AI vendor funds or previews this work.