Q. Should I refinance if I got a no-cost refinance offer with a lower rate?
A. The answer is not that simple! There are many factors impact your decision, such as how long you have stayed at the property, how long do you plan to continue to stay, how much is your marginal tax rate, etc. Even for a no-cost refinancing offer, it might still make sense for you to stay put.
Just run your own numbers using our Free online mortgage refinance calculator to see by yourself!
A. The answer is not that simple! There are many factors impact your decision, such as how long you have stayed at the property, how long do you plan to continue to stay, how much is your marginal tax rate, etc. Even for a no-cost refinancing offer, it might still make sense for you to stay put.
Just run your own numbers using our Free online mortgage refinance calculator to see by yourself!
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