Worked example. Refinancing $420,000 from 5.34% to 4.19% over 22 years cuts the payment from $2,693.40 to $2,429.61 a month; a $14,400 penalty and costs are recovered in about 55 months.
Where this is used
✓
You’re signed up. Check your inbox — the first email arrives shortly.
Ready when you are.
Start a file online in about seven minutes, or ask a lawyer first. Flat, published fees.