Refinance

Should you refinance? Let’s look.

Refinancing only makes sense when the savings beat the penalty. Put in your numbers for an honest first read, then we'll confirm the real figures on your file.

Mortgage balance$Your current rate%Rate available to you now%Months left in your termmoLender's comparison rate%Used for the IRD penalty. Your lender sets this; an estimate is fine here.Years left to pay offyr

Let's run your real numbers

Estimated monthly savings

$250

Break penalty (IRD)

$8,867

Break-even

36 mo

It's close. Whether this makes sense depends on the exact penalty your lender would charge and what you're trying to do. A short call settles it. Penalty math varies by lender and is often inflated against posted rates. Before you break anything, let me get your exact figure and weigh it against what you’d actually gain.

Want your exact penalty figure?

We'll request it from your lender and weigh it against what you'd gain. Most first conversations take twenty minutes.

Call (902) 209-4518 Text Email

Ready to start the application? Apply now. It takes about fifteen minutes, and nothing is submitted to a lender until we have talked.