Jan
11
Refinance your fixed-rate home loan to a shorter term and see big benefits. Say you have 26 years left on a 30 year fixed-rate mortgage at 6.5% APR and you refinance to a 15 year fixed-rate loan at 4.08% APR. Your monthly payment will only increase about $157—but over the loan term, you’ll be ahead more than $147,280. Or you might choose another option that reduces your monthly payment more, freeing up cash for daily needs. Review mortgage refinance options with your CALCOE’s loan officers today!
