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Mortgage Refinance Calculator by Money Money.com 12/14/2020 © Rangely Garcia / Money Mortgage-Refinance-Calculator With mortgage rates hitting new record lows twelve times this year, millions of people have already refinanced their mortgages and millions more could save by doing so. How Money’s Refinance Calculator Works To give you an estimate of how much you could save by refinancing, our calculator allows you to enter details about your current mortgage and your new home loan. Reason for refinancing – Part of what makes Money’s refinance calculator unique is that it asks you to input your goals for refinancing in the first place. Refinancing can help you lower your monthly payment, adjust your loan term, or take cash out, but generally not all three. Consider your needs carefully and be aware that some refinance options may have more stringent qualification requirements than others. Also note that your reason for refinancing will alter the information fields the

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