VA IRRRL Recoupment Calculator | Months to Break Even on Simplify Refi

Current vs proposed loan

Current VA loan

Current balance

Current rate (%)

Remaining term (years)

Proposed IRRRL

New rate (%)

New term (years)

Estimated closing costs

Typical IRRRL closing costs $4,000-$9,000. IRRRL funding fee = 0.5% of loan (waived for Veterans receiving or entitled to receive VA disability compensation).

Disability waiver?

Your recoupment math

0 months to recoup closing costs · —

Current monthly P&I	$0
New monthly P&I	$0
Monthly savings	$0
Total closing costs (incl. funding fee)	$0
Recoupment period	0 mo

What this doesn't show: Total interest cost over the full loan. A 30-year refi that "recoups" in 24 months can still cost more interest over the next 27 years vs paying down faster. Run the full numbers, not just the recoupment.

Common questions

What is the VA 36-month recoupment rule?

VA requires an IRRRL to recoup 100% of its closing costs within 36 months through the monthly payment savings. If the fees divided by the monthly savings exceed 36 months, the refinance does not pass and VA will not guarantee it.

What does an IRRRL cost?

The IRRRL funding fee is 0.50% of the loan and is waived for any service-connected disability rating. Lender origination runs 0% to 1% and many Oregon lenders waive it, plus title and recording fees.

Talk to an OR VA loan specialist about your numbers

Have a question about what this calculator showed you? Mike Certo (Cornerstone First Mortgage, Nationwide Mortgage Licensing System (NMLS) #260555) reviews every result personally. No commitment, no pressure.

Estimates only. Not a commitment to lend. Actual VA loan terms depend on full underwriting including credit, income, assets, property appraisal, residual income, and VA entitlement. Mike Certo · Cornerstone First Mortgage NMLS #173855 · Mike Certo NMLS #260555. Equal Housing Lender.

Authoritative source: VA's IRRRL simplify overview.