Refinance Break-Even Calculator
Refinance break-even: when do savings cover closing costs? Current vs new rate.
Use the Refinance Break-Even Calculator
Enter enterprise value and EBITDA. EV/EBITDA multiple is calculated.
Inputs
Current loan vs refinance terms.
Results
Current payment
$1,688
New payment
$1,535
Monthly savings
$153
Break-even (months)
27
Break-even (years)
2.3
Break-even when savings equal closing costs. Stay beyond break-even to benefit.
How this calculator works
EV/EBITDA = Enterprise value ÷ EBITDA.
How to interpret your results
Compare to sector and peers. Capital-intensive sectors often have higher multiples.
FAQs
What is EV/EBITDA?▾
Enterprise value ÷ EBITDA. Valuation multiple excluding D&A.
When to use EV/EBITDA?▾
Comparing firms with different capital structures or depreciation.
What is a good EV/EBITDA?▾
Varies by industry. Lower may mean cheaper; compare to peers.
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