When you refinance, you can put the power of your home to work for you by selecting new mortgage terms, interest rates and monthly payment options.
Discover the benefits of a mortgage refinance, from lowering interest rates to consolidating debt, refinancing can help your financial goals.
When refinancing your mortgage, you may have the option to extend your loan term. While this can lower your monthly mortgage payment, it also means you’ll be paying more in mortgage interest over the life of the loan. Consider your long-term financial goals and whether extending your repayme...
Is fixed or an adjustable-rate mortgage better? Choosing between the two often boils down to your financial goals and risk tolerance. If you prioritize predictability and plan to stay in your home long-term, a fixed-rate mortgage might be a solid choice. However, if you’re comfortable with...
Mortgage Payment CalculatorCalculate now Our rates See our current mortgage rates for various mortgage types and term lengths. Our ratesView our rates Concerned about mortgage payments? If you're experiencing financial stress, learn more about different options that are available to you. ...
Everything you've ever wanted to know about refinancing a mortgage, which is essentially replacing your dusty old home loan with a brand new shiny one.
By refinancing to a more favorable deal, you are likely to pay less on your mortgage. Whether you manage to secure a home mortgage with fewer fees, more features for quicker repayment, or lower interest rate, saving money in the long term is very possible. Lower the monthly payments Is ...
Short term and long term options Homeowners tend to have different goals when looking to lower interest rates. Most homeowners look forward to lower monthly mortgage payment costs and that means they refinance their mortgages for a much longer interest rate. Refinancing can help you adjust the paym...
Use this refinance calculator to see if refinancing your mortgage is right for you. Calculate estimated monthly payments and rate options for a variety of loan terms to see if you can reduce your monthly mortgage payments.
For some homeowners, switching to a fixed-rate loan from anadjustable-rate mortgage (ARM)can be an excellent move, particularly if you intend to stay in the home for the long-term and interest rates are low. But carefully consider the terms of the fixed-rate loan before making a move to...