Current mortgage
Start with the actual balance, rate, remaining term, mortgage insurance, and current home value.
Mortgage refinance
Compare the mortgage you have with the mortgage that would replace it.
Casas Equity helps homeowners evaluate more than the new interest rate. Compare the payment, loan balance, cash-out, closing costs, term, LTV, equity impact, and future mortgage balance.
New loan amount
Include cash-out and financed costs so the refinance comparison reflects the debt that will actually replace the current loan.
Break-even
Payment savings may create a simple break-even, but cash-out or a higher payment requires a broader cost-and-benefit analysis.
Future balances
Compare how much would still be owed in 1, 3, 5, and 10 years under each path.