Calculator
Commercial Refinance Analyzer
See what refinancing your commercial mortgage would do to your payment — monthly savings, cash-out proceeds, new LTV, and your break-even on closing costs.
New monthly payment
$10,364
You save $1,254/mo
- Annual change
- $15,048
- Break-even
- ~36 months to recoup closing costs
- Cash-out amount
- $0
- New LTV
- 71.4%
When does refinancing make sense?
A rate-and-term refinancereplaces your current loan with a lower rate or longer amortization to cut the monthly payment — worth it when the interest saved outruns your closing costs before you'd sell or refinance again. A cash-out refinance pulls equity out for renovations or another acquisition, trading a higher balance and LTV for liquidity. And many owners refinance simply to beat a maturing balloon, locking in new terms before a lump-sum payment comes due rather than scrambling at maturity.
Estimates only. Actual rates, costs, and terms vary by lender, property, and market. Not financial advice.
More tools
Deal Readiness
See how your deal scores on the three metrics lenders care about — and which programs fit.
Mortgage Calculator
Estimate your monthly payment, total interest, and balloon balance.
DSCR Calculator
Check your debt service coverage ratio and whether a deal is likely to qualify.
Affordability Calculator
Find the largest loan your property's income and value can support.
Closing Costs
Estimate NYC closing costs, including the mortgage recording tax.
SBA Eligibility
See whether an SBA 504 or 7(a) loan fits — and what to ask a lender.
Loan Selector
Answer four questions to find the loan programs that fit your deal.
Maturity Lookup
Estimate when your building's commercial loan comes due — from public records.