Should I refinance my mortgage?

Over the last couple of years with interest rates at a 40-year low, many people refinanced their mortgages. Even though rates have crept up over the last couple of months, refinancing may make sense for you. Use our refinance calculator to analyze your situation today!
Current Loan Information
Current loan balance ($) 
Annual interest rate (%) 
Number of months remaining 
Proposed Loan Information
Annual interest rate on new mortgage (%) 
Number of months (30yrs=360) 
Loan origination fee (%) 
Other fees/discount points (%) 
Other fees: ($) 
The information provided here is to assist you in planning for your future. Any analysis is a result of the information you have provided. Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary therefore, the information should be relied upon when coordinated with individual professional advice.

Any rate of return entered into the interactive calculator to project future values should be a reasonable average return for the period. Rates of return will vary over time, and generally the higher the rate of return the higher the degree of risk.

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