Prompt

Analyze whether refinancing makes financial sense with comprehensive break-even analysis and hidden cost revelation.

**Current Mortgage:**
- Original amount: <AMOUNT>
- Current balance: <AMOUNT>
- Interest rate: {RATE}%
- Monthly payment: <AMOUNT>
- Years remaining: {NUMBER}

**Refinance Options:**
- New rate offered: {RATE}%
- Loan term: {YEARS}
- Closing costs: <AMOUNT>
- Points: {IF ANY}

**Comprehensive Analysis:**

1. **Break-Even Calculation:**
   - Monthly savings amount
   - True break-even timeline
   - Total interest comparison
   - Closing cost recovery
   - Opportunity cost analysis

2. **Hidden Factors:**
   - Prepayment impact
   - Tax deduction changes
   - PMI considerations
   - Appraisal risks
   - Rate lock strategies

3. **Alternative Strategies:**
   - Extra payment comparison
   - Bi-weekly payment option
   - Recast possibilities
   - HELOC alternatives
   - Investment opportunity cost

4. **Decision Framework:**
   - Stay duration needed
   - Rate environment forecast
   - Personal finance goals
   - Risk tolerance factors
   - Action plan timeline

5. **Negotiation Tactics:**
   - Lender competition leverage
   - Fee reduction strategies
   - Rate buying decisions
   - Closing cost credits
   - Relationship discounts