Calculator

The Decision to Refinance

Homeownership

If you're considering a refinance, now may be the time.

The decision to refinance ultimately comes down to the goal you’re hoping to accomplish and your current mortgage situation. Your goal may be to take cash out of your home or obtain a lower interest rate and lower monthly payment. However, it’s always important to keep in mind, you should only refinance if it lowers your overall mortgage costs and if you’re able to break even on the refinance in a reasonable period of time.

Learn more about reasons why you may want to refinance.

 

 

Topics:

The information provided in these articles is intended for informational purposes only. It is not to be construed as the opinion of Central Bancompany, Inc., and/or its affiliates and does not imply endorsement or support of any of the mentioned information, products, services, or providers. All information presented is without any representation, guaranty, or warranty regarding the accuracy, relevance, or completeness of the information.