Refinance Tool

Refinancing? New York will tax your whole new loan — unless you CEMA it.

A Consolidation, Extension & Modification Agreement means you pay mortgage recording tax on new money only. Run your numbers — including the honest answer when it's not worth it.

Your refinance

Current unpaid principal balance *

The balance your current lender would assign — your latest statement is close enough for planning.

New loan amount *

Property type

Location

Any other related mortgage on this property in the last 12 months?

Email me this scenario

The written version — useful for your loan officer, who has to agree to the CEMA anyway.

Name *

Email *

Phone (optional)

I am a

Your CEMA scenario

Enter your current balance and new loan amount — the savings math appears instantly.

Scenario estimates only — not a quote, not legal or tax advice. A CEMA requires both lenders' cooperation and a valid, tax-paid mortgage remaining undischarged; lender assignment fees vary. Rates last verified July 2026. Attorney fees are quoted in writing for your specific transaction; third-party costs are separate. Full disclaimer.

Savings look real? The next step is getting both lenders to yes.

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