UBI Equity GroupSee Your Refi Break-Even and Monthly Savings — for Your Situation.
Tell us your numbers and request an educational estimate of potential break-even timing and monthly-payment differences. Actual costs, savings, and terms depend on the applicable lender and your final loan.
Broker Guidance. Lender Decisions.
Get Your Break-Even and Savings
Enter your email to request the refi break-even and monthly-payment estimate. No obligation.
What's Inside the Guide
Seven specifics inside the guide — written for Florida refinances, not generic averages.
Break-Even Timing, Explained
How to estimate when potential monthly-payment differences could offset estimated closing costs.
How FL Rates Work
How Florida pricing moves and how your credit tier affects the rate you're offered — so the headline number isn't a surprise.
Cash-Out Scenarios
Debt-consolidation math, home-improvement equity tap, or pure rate-and-term — how each works against your equity position.
No Hard Pull
The estimate uses a soft credit snapshot. Your FICO stays untouched until you formally apply.
Transparent Closing Costs
Title, recording, intangible tax, doc-stamp tax — every Florida-specific cost explained in the guide.
FHA Streamline Explained
If you currently have an FHA loan, learn which streamline-refinance requirements and lender processes may apply.
Questions? We're Here
You can request a conversation with a Florida mortgage professional about the guide.
Frequently Asked Questions
The questions FL homeowners ask before pulling the trigger on a refinance.
Break-even is an estimate of when potential monthly-payment differences may offset estimated closing costs. The guide uses illustrative inputs; actual costs, payments, and savings depend on final lender terms and how long you keep the loan.
Sometimes — it depends on your balance and how long you'll stay in the home. On a $400K loan, a 0.75% drop can still save $200+/month. The real question isn't the rate-drop alone, it's whether you'll stay in the home past break-even. The guide walks you through how to answer that.
Generally 20% equity remaining after the cash-out for conventional loans (max 80% LTV). FHA cash-out caps at 80% LTV as well. VA cash-out can go to 90% LTV with strong credit. If you have less than 20% equity, a rate-and-term refi may still make sense.
A simplified FHA-to-FHA refinance with no new appraisal, reduced documentation, and no income re-verification. Available only if your current loan is FHA and you've made on-time payments for 6+ months. Closing costs are typically much lower than a standard refi.
Florida has unique closing costs: doc-stamp tax on the note ($0.35 per $100 of loan amount), intangible tax on the mortgage ($0.002 per $1 of loan amount), plus standard title, recording, and lender fees. Total typically runs 2–4% of the loan amount in FL. The guide itemizes every line.
Not necessarily — rates move daily. Once you formally apply and submit docs, a lender can lock your rate for typically 30, 45, or 60 days at no charge. Any rate you see is today's market; locking requires a formal application.
15-year refis carry roughly 0.5–0.75% lower rates and you pay the loan off in half the time — but the monthly payment is significantly higher. 30-year keeps the payment low and gives you flexibility. The guide walks through both side-by-side so you see lifetime interest savings vs monthly cash flow.
Yes. FL investment property refis are available — usually at rates 0.5–0.75% above owner-occupied, with a maximum 75% LTV for cash-out (70% for 2–4 unit). FHA and VA don't apply (owner-occupied only), but conventional and non-QM options do.
Miami, FL 33174