When to Refinance: How to Know It’s Worth It

Intro: Refinance to lower rate, shorten term, or change loan type — but run the break‑even math first.

Decision Steps

1. Calculate break‑even = closing costs ÷ monthly savings.
2. If you plan to stay longer than break‑even months, refinancing often makes sense.
3. Ask about lender credits and no‑closing‑cost options.

Request a refinance quote