Should I Refinance My Mortgage?
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There are a number of reasons for refinancing a mortgage, but the most common reason is to obtain a lower interest rate and lower monthly payments. In this case, refinancing makes sense only if you can lower your total mortgage costs (including the costs of refinancing) over the time you intend to remain in that home.

Use this calculator to determine if you should refinance your mortgage.

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The calculations provided by this calculator are based entirely on the information you enter, including any loan amount and/or interest rate. These calculations do not reflect the terms available for any Regions loans or whether you qualify for any Regions loan. Mortgage insurance premium may be necessary for Loan to Values above 80 percent. Find out more about Regions loans.

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