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Berean Defense L.L.C.
30 N Gould St Ste N
Sheridan, WY 82801
Our tools estimate the break-even point on a refinance — the month at which accumulated monthly savings overtake the closing costs you paid to get them. That calculation is sensitive to inputs that change constantly: prevailing rates, lender fee structures, how much of the loan term has already elapsed, whether costs are rolled into the principal, and how long you actually intend to stay in the home. Small changes in any of those can move a break-even point by many months.
If a result looks wrong, the most useful report includes the values you entered — current rate and balance, proposed rate and term, and closing costs — along with the figure you got and the figure you expected. If your expectation comes from a lender's own break-even estimate or a Loan Estimate disclosure, mentioning that helps a great deal. It lets us test whether the gap comes from a genuine error on our side or from a different but equally defensible assumption, such as whether a lender is amortizing fees or treating them as paid at closing.
Any break-even tool has to make choices, and reasonable tools make different ones. If you want to know how a particular figure was derived, or which assumption is driving a result that surprised you, that is a fair question and a useful one — the questions readers ask about methodology are often what prompt us to document it more clearly on the page itself.
We are not a lender, mortgage broker, or licensed financial adviser. We cannot quote you a rate, pre-qualify you, review your loan documents, tell you whether to refinance, or advise on your particular financial situation. Those decisions depend on details of your credit, income, and plans that a comparison tool has no access to and no business guessing at. A licensed mortgage professional who can look at your actual file is the right place for them.