Jan 12, 2025 · A refinance occurs when a borrower replaces an existing loan with a new loan to improve the terms, such as the interest rate, amount borrowed, and length of the loan.

Ready to refinance your mortgage? Compare today's refinance rates from trusted lenders and see how much you can save.

Compare current refinance rates from multiple lenders. See if today's refinance rates could lower your mortgage payment.

Learn more about your mortgage refinancing options, view today's rates and use our refinance calculator to help find the right loan for you.

Refinance closing costs cover fees for processing and finalizing the transaction and can be 2% to 6% of the loan amount. For example, refinancing a $400,000 mortgage could cost you $8,000 to $24,000.

You can use a refinance to make use of your home’s equity, get a better interest rate and/or lower monthly payment. A refinance could also allow you to remove another person from or add them to the mortgage.

Jan 30, 2025 · Find current mortgage refinance rates in 2025 and when to refinance. Learn how to refinance your house and find the answers to more questions here.

Sep 5, 2024 · Refinancing is a strategy lenders and borrowers use to replace an existing mortgage with a new one. Borrowers often refinance to change their original mortgage’s interest rate or loan...

Jan 22, 2025 · Refinancing your home means replacing the original mortgage with a new one with different financial terms. Borrowers might refinance their home to shorten the length of the loan or...

Monitor refinance rates regularly and use Zillow’s free refinance calculator to make sure a refinance is worth it for your financial circumstances. Calculate the breakeven point Use a mortgage refinance calculator to determine the breakeven point, which is the number of months it takes for the savings to outweigh the cost of refinancing.