Switch vs. Stay Simulator
Should you break your current mortgage for a better rate? Our forensic audit calculates the "Net Benefit" after every penalty and hidden fee.
The Net Verdict
SWITCH
Estimated Net Benefit
$16,100
Over the next 5 years
Break-Even Point
17.1 Months
Monthly Interest Saved
$375
Current Path Cost
$140,625
Interest over 5y
New Path Cost
$124,525
Interest + Friction Fees
Switching Cost Breakdown
Your total "Friction Cost" is $6,400. Lenders often "roll" these costs into the new loan, meaning you pay interest on your penalty for decades. The Lender Loyalty Audit™ identifies if the lower rate actually overcomes this headwind.
Disclaimer: Projections are based on current data and standard bank calculations. Always request a formal "Discharge Statement" from your current lender to verify actual penalties before signing a new contract.