Contact Information
Marc Oster RE/MAX Alliance 5586 W.19th St PO Box: 2000 Greeley, Colorado, 80634
Office: 970-330-5000 Cell: 9703021233 Fax: 970-284-6056
Lic. #: ER40017322
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time to refinance |
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When is the best time to refinance?
It depends on how long you plan to hold on to your house and if you have to pay anything to refinance. In addition, it also depends on how far along you are in paying off your current mortgage.
If you are going to be selling your house shortly, you probably will not recoup any costs you incur to refinance your mortgage. If you are more than halfway through paying your current mortgage, you probably will gain little by refinancing.
However, if you are going to own your home for at least five years,
that's probably long enough to recoup any refinancing costs you incur
and to realize real savings on lowering your monthly payment. If it is
going to cost you nothing to refinance, you can gain even more.
Many lenders will allow you to roll the costs of the refinancing into
the new note and still reduce the amount of the monthly payment. Also,
there are no-cost refinancing deals available. In any case, it pays to
consult your lender or financial advisor, or run the numbers yourself,
before you refinance.
Questions about Greeley Colorado and Weld County Real Estate?
Ask us below or Call us Now at 970-330-5000
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Last Updated ( Tuesday, 29 July 2008 )
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Service areasInformation on this website for real estate in Fort Collins, Frederick, Greeley, Evans, Johnstown, Milliken, Longmont, Loveland, and Windsor Colorado is deemed to be reliable but not guaranteed. Listings for real estate and properties in Fort Collins, Frederick, Greeley, Evans, Johnstown, Milliken, Longmont, Loveland, and Windsor Colorado provided by Y & M Real Estate LLC. Listings data may be useful for many Northern Colorado areas including Fort Collins, Frederick, Greeley, Evans, Johnstown, Milliken, Longmont, Loveland, and Windsor Colorado.
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