Should you refinance or not? If your new loan's rate is lower than the current mortgage's rate, you should refinance without hesitation? The answer is not that simple, because there are many factors determine your decision:
Enter your own numbers to the yellow areas of the online Refinance Calculator below and see if Refinance makes sense or not for you!
- Mortgage amount
- Mortgage term
- Mortgage rate
- Remaining term of the current mortgage
- Time to sell the property
- Refinance cost
Enter your own numbers to the yellow areas of the online Refinance Calculator below and see if Refinance makes sense or not for you!
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