Take an interest in reducing your monthly payments.
Interest rates and home values fluctuate frequently. That can make it a challenge to decide whether to refinance your mortgage. Let us help you remove some of the guesswork. Enter the specifics about your current mortgage and home value. Then add in numbers for the new loan term, interest rate and closing costs. You can determine how much refinancing can save you and the number of months it might take to break even on closing costs with a reduced monthly payment.