Current Mortgage Payment:
Does that payment include taxes, MI, and/or Insurance?
YES
NO
What part of the payment goes toward taxes, MI, and or Insurance?
Current Mortgage Balance:
Estimated Property Value:
If you would like cash out, enter the amount here:
Proposed Loan Amount:
I have good to excellent credit?
YES
NO
Can your home value support your mortgage?
(more)
You can generally refinance up to 80%
of the value of your home.
So, if your home is worth $300,000
you can get a $240,000 mortgage.
(close)
YES
NO
My current interest rate is higher than 5%
YES
NO
Do you owe or want to borrow $300,000 or more?
YES
NO
I have adequate income to qualify for this mortgage.
(more)
1- Your income must be documented with pay stubs & W-2s or self-employed Tax returns.
2- Generally speaking, your monthly income must be 2 ½ times greater than monthly obligations including this mortgage, credit cards, card payments and any other debts.
(close)
YES
NO
Average Mortgage Rate:
Calculated Payment:
Savings (Previous Payment - Calculated Payment):
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