New York Mortgage Refinance
When Does It Make Sense to Refinance a Mortgage? Refinancing a mortgage means paying off your existing loan and replacing it with a new one. Use our calculator to quickly and easily determine if refinancing your mortgage can save you money.
- You will lose money if you refinance and keep your loan for less time than the break-even point.
- You will save money if you refinance and keep your loan longer than the break-even point.