Cash-Out Refinance Calculator
See how much cash you can pull, whether LTV works, and what the new payment looks like. Takes 90 seconds.
- 1 Your home
- 2 Cash needed
- 3 New loan
- 4 Your results
Tell us about your home and mortgage
Three numbers. Rough is fine -- you can tighten them up after you see the results.
New loan details
The rate and term for the new cash-out loan. If you do not have a quote yet, use 7.25% as a rough current market rate for cash-out refis.
Your refinance numbers
Here's what the math says. Below that, real lenders compete for your loan if you want quotes.
- New monthly payment
- --
- Payment change
- --
- New loan amount
- --
- Current LTV
- --
- New LTV
- --
- Max cash at program cap
- --
Want personalized rate quotes from up to 5 vetted lenders?
Lenders compete for your refi. No credit pull. No upfront fees. Your math above is yours to keep either way.
You're in.
Up to 5 lenders will reach out within 1 business day with their best refi rate for your scenario. No credit pull required for quotes. Reply STOP anytime to opt out. Your math above is yours to keep.
While you wait — read upNumbers above are estimates from standard mortgage math and 2026 program rules. Your actual rate depends on your credit, debt-to-income, property type, and lender pricing. RobotRefi is not a lender and does not originate loans.
How RobotRefi calculates this
New loan = balance + cash + costs
Your new mortgage pays off the old balance, delivers you the cash, and rolls in closing costs. That total is your new loan amount. Monthly payment is computed from standard amortization: P x i / (1 - (1+i)^-n).
LTV is the gating factor
Loan-to-Value = new loan / home value x 100. Conventional and FHA cash-out cap at 80% LTV. VA caps at 90%. If you exceed the cap, the loan does not close -- no exceptions. The max cash figure shows exactly where your ceiling is.
Why payment jumps happen
You are borrowing more, which means a higher balance to amortize. Even if the rate drops slightly, adding $75k to the balance typically raises the payment by $400-600/month. That is real cash outflow -- not "cheap equity." The payment change line makes that visible.