Is Refinancing Worth It?
A lower rate is only part of the answer. We review payment savings, closing costs, prepayment penalties, loan term and how long you expect to keep the loan.
Check My Refinance OpportunityRate-and-term refinance
Compare the current mortgage payment and remaining interest against a new loan, then calculate the break-even point before making a decision.
Cash-out refinance
Use equity for debt consolidation, renovation, investment or other goals while comparing the effect of replacing the existing first mortgage.
HELOC or fixed second instead?
When the current first mortgage has a low rate, a second-lien option may deserve a side-by-side comparison.