Refinancing your Home

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If you're thinking of refinancing your mortgage, it's probably because you want to save money. There are two ways to save money by refinancing:

• Reducing the monthly payment.
• Paying less interest over time. It's unlikely, but you may be able to accomplish both: reduce the monthly payment and pay less interest over time. But in most cases, you'll do one and not the other:
• Pay more every month but pay less interest over time.
• Pay less every month but pay more interest over time.

Or a refinance could result in a higher monthly payment and more interest over time.

                                                               Mortgage Refinance Calculator should i refinance my house Waupaca New London