Should I refinance my mortgage?
Understanding the big picture of what comes with getting a new mortgage can help you determine if refinancing is right for you. You’ll want to consider a number of factors, including your current interest rate, the new interest rate, closing costs, how long you plan to stay in your home, etc. Use this calculator to help you decide.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.