Changing the terms of your loan can benefit you and maximize your monthly income. A lower monthly mortgage payment can help free-up money so you can save, invest or use for other expenses. When rates are favorable, refinancing to a lower rate or longer-term mortgage can keep more money in your pocket every month. Our refinance calculator will help you to decide whether you should refinance your current mortgage at a lower interest rate.
* By refinancing the consumer’s existing loan, the consumer’s finance charges may be higher over the life of the loan.