Enter your loan and the options your lender quoted. See when paying a higher rate for a credit comes out ahead of the par loan, and when it does not, by the month you refinance. Drag the slider under the graph.
Higher-rate options — each buys a lender credit at closing:
Rate (%)Credit ($)
↕ Refinance after
Colored ticks on the $0 line mark each option's break-even (where its credit stops beating the par loan). They shift with the cash/true toggle.