Rate Lock Value — noteworth

Your Mortgage

Tell us about your locked rate

Enter your fixed-rate mortgage details below. We'll calculate what your rate lock is worth in today's market.

I have a $ mortgage with years remaining, locked at %.
My home is worth approximately $. Today's market rate for a comparable loan is %.

Payment Shield Value

$325,200

Total savings over remaining term

$2,176

Your payment at 3.25%

vs

$3,260

Market at 6.80%

$1,084

Per month

$13,008

Per year

$325,200

Total savings

$238,461

NPV of lock

noteworth Analysis

Click "Calculate Shield Value" to run the noteworth analysis.

Your Options

Your below-market rate is a financial asset. These strategies can help you maximize its value — or warn you about destroying it.

Strategy	Description	Key Consideration
Hold & Invest the Spread	Don't prepay the mortgage. Instead, invest the monthly savings you're getting from your below-market rate.	Guaranteed arbitrage at risk-free rates
Keep as Rental	If you're moving, rent the property instead of selling. Your cheap mortgage stays in place.	Preserves the rate; rental income covers cheap mortgage
Sell with Assumption	If FHA/VA, the buyer can assume your mortgage and inherit your low rate.	Rate lock adds premium to sale price
Cash-Out Refi	Refinance to access equity in a lump sum. Replaces your existing mortgage entirely.	DESTROYS the rate lock — almost never worth it
HELOC (2nd Lien)	Open a home equity line of credit as a second mortgage to tap equity.	Preserves rate but HELOC rates are high