As a general rule of thumb, you should consider refinancing if you can recoup the finance charges within 14 months.
have heard it only makes sense to refinance if you can lower your interest rate by 1.5 to 2 points, but we find that’s not always the case. Every situation is different, and you deserve to know what your options are.
We’d be happy to meet with you to discuss whether refinancing now makes sense for you. Let’s crunch the numbers together. Please give us a call at (619) 692-3630 to get started.