10-year refinance vs other popular mortgage types A 10-year refinance isn’t your only option for a new mortgage. These are other common terms that homeowners use to refinance their home loans: 10-year vs. 15-year refinance: A 10-year mortgage pays back the same loan amount five years ...
You’ll also want to keep the length of your new mortgage in mind. All mortgages are designed so that you’re paying more interest than principal in the first half of the mortgage. That means if you’re starting a new mortgage with a refinance, you’ll be paying the bulk of the inter...
Choosing the right mortgage is one of the important long-term investments you will make. We are your one-stop-shop to make this decision right.
A cash-out refinance allows you to take out a new mortgage for more than you currently owe, receiving the difference in cash. The cash obtained through a cash-out refinance can be used for numerous purposes such as home improvement, debt consolidation, funding education or investing in addition...
Mortgage refinancing can be a smart personal finance strategy, particularly if a thorough comparison reveals potential savings, either monthly or over the entire life of the loan. Waiting a significant amount of time before refinancing is a common misconception. In reality, you're often eligible to...
Choosing the right mortgage is one of the important long-term investments you will make. We are your one-stop-shop to make this decision right.
Compare current refinance rates from multiple lenders. See if today's refinance rates could lower your mortgage payment.
With a cash-out refinance, you get a new home loan for more than you currently owe on your house. The difference between that new mortgage amount and the balance on your previous mortgage goes to you at closing in cash, which you can spend on home improvements, debt consolidation or o...
Refinance your Mortgage Given today's competitive interest rates, it may be time to consider refinancing an existing mortgage loan. Lowering your interest rate, reducing the term of your loan, reducing your monthly payment amount or consolidating debt are good reasons to refinance now. Or maybe yo...
Refinancing restarts your mortgage amortization schedule with the new loan, reducing the amount of principal you’re paying each month. If you plan to sell your home soon or if you’ve been paying your mortgage for more than half of the term, be sure to use a loan refinance calculator....