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Cost to Cash-Out Refi ($)

Estimated dollar cost to execute a cash-out refinance.

Example Result

Sample Data
$36,257

Based on a sample $385,000 property with $2,850/month rent, 20% down, 7% interest rate.

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Cost to Cash-Out Refi ($) Formula

Current Equity x Cost Rate (8%)
$91,679 x Cost Rate (8%)
$36,257

What This Means

A sample property priced at $385,000 with $2,850/month rent has a cost to cash-out refi ($) of $36,257 at Purchase (Month 0). This dollar amount is what you would pay in fees and costs to convert your paper equity into usable cash. Compare this cost against the potential returns from redeploying that equity to determine if refinancing is the right strategy.

Where This Value Comes From

Cost to Cash-Out Refi ($) is not entered directly — it is calculated from Total Equity Current. See the formula breakdown above and the detailed inputs below.

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Why It Matters

This dollar amount is what you would pay in fees and costs to convert your paper equity into usable cash. Compare this cost against the potential returns from redeploying that equity to determine if refinancing is the right strategy.

Detailed Explanation

Cost to Cash-Out Refi in dollars multiplies your current equity by the cost rate (8%) to estimate the total closing costs and fees associated with a cash-out refinance. This gives you a concrete dollar figure for the cost of accessing your equity.

Example

Sample Result
$8,000

Based on a sample $385,000 property with $2,850/month rent, 20% down, 7% interest rate.

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