How it works
Net cash proceeds = new loan − existing payoff − closing costs. A negative result means additional cash is required.
Input definitions
- New mortgage amount
- Enter the value in the labeled unit.
- Old mortgage payoff
- Enter the value in the labeled unit.
- Closing costs and fees
- Enter the value in the labeled unit.
A worked example
- New mortgage amount
- 250000
- Old mortgage payoff
- 180000
- Closing costs and fees
- 5000
Assumptions & limits
Planning model using the rates, cash flows and periods entered. Examples are illustrative, not market quotes or personalised financial advice. Taxes, inflation and transaction costs are excluded unless explicitly entered.
Sources & review
Maintained by AnsRio. Methods and examples use automated checks; this does not imply independent professional certification.
Method updated 2026-10-18. Content checked against the stated method and examples. Our verification approach.
Common questions
Does this compare total refinancing costs over time?
No. It estimates closing-day cash only. Compare new payments, term, interest, fees and repayment risk separately.
How does Cash-out refinance net proceeds work?
Net cash proceeds = new loan − existing payoff − closing costs. A negative result means additional cash is required.
What should I check before using Cash-out refinance net proceeds?
Planning model using the rates, cash flows and periods entered. Examples are illustrative, not market quotes or personalised financial advice. Taxes, inflation and transaction costs are excluded unless explicitly entered.