The accident of the steam generator tube rupture in the lead-bismuth-cooled fast reactor or the core meltdown in the light water reactor may cause violent heat and mass transfer between the melt and the coolant, potentially further damaging the reactor. Therefore, it is essential to study the corresponding mechanisms. In this study, numerical simulations are utilized to investigate the dynamic interactions between Wood’s metal and subcooled water in the coolant injection (CI) mode, focusing on jet behavior and critical cavity parameter changes. By analyzing these factors, this research aims to clarify the interfacial evolution and interaction mechanisms between the melt, water, and air, thereby tackling the problem of inadequate observation in experiments. A user-defined function (UDF) was employed to simulate the flow characteristics of the melt during the solidification process. This approach effectively addressed the limitation of Fluent’s inherent solidification model, where the fluid no longer participates in turbulent velocity calculations after solidification. In addition, an equivalence method was proposed according to the characteristics of two-dimensional simulations in Fluent. Comparisons with Cheng’s experimental results show that the equivalent model can accurately predict jet penetration characteristics while significantly reducing the demand for computational resources. According to this equivalence method, this research developed a new correlation for predicting the maximum jet penetration depth in the CI mode. The above results provide new perspectives for understanding the dynamic interactions between metals and coolants, which is significant for the application and optimization of technologies in the nuclear field.