Determine if refinancing your mortgage to lower interest payments is better than investing the difference, considering closing costs and payoff.

Compares monthly payments and lifetime interest for a 15-year vs 30-year mortgage at their respective rates, then checks whether investing the payment difference would beat the interest saved. Tells you which term fits your budget and builds more wealth.

Calculate how refinancing your mortgage from 30Y to 15Y affects your home equity growth and future buying power for your next home.