Home refinance rates for a $300,000 home

Yes, you could get a lower rate, but I'm not sure if it make scenes for you to refinance. Here's the questions I would ask 1) How long do you plan on being in the property? 2) How long have you had your current loan? 3) What is your pay off amount (if lower than $100,000.00 saving .75% to 1.00% may not save you a ton of money) Call me to see if it worth the cost 602-628-6500

There are rates that are lower BUT depending on the type of loan you have and the amount of time in your existing loan, PLUS the amount of the loan balance remaining....unless you can lower your rate extensively by 1% or 1.5%, it probably would not make sense to refinance.IF YOU HAVE A Conventional loan that is owned by Ginny Mae, call me and we will run an analysis and go through the numbers. Korene Clopine-SeamanNMLS# 218520623-340-0934.

I believe in saving a dollar and you cut the interest you will pay on the loan and save a dollor the cost to get to 4.00% is worth it. Aslk for a detailed comparison of your current rate and a new one I can reached at ballen@accessnational.com or 888-354-3299

Hi Ned:Based upon your info, you should be able to get an interest rate in the high 3s or low 4s. If it is 3.875%, your monthly P&I payment will be about $1,411. Without knowing what the original amount of your current loan was, and whether it's a 30, 20, or 15-year fixed rate, it's impossible to calculate your savings. However, considering that it's at 5%, and assuming that it is a 30-year fixed, it appears that it could be about 3 years old, which was when interest rates dropped to around 5% in the recent past. Based on these assumptions, the original loan balance would have been roughly $315,000. This amount at a 5% interest rate results in a P&I payment of $1,691. Does that sound about right. If it is, and you refi into a 3.875% loan with a $1.411/mo. payment, you will save $280/mo.--definitely enough savings for you to refinance now, especially if you can do it at no, or low, cost. I only do loans in CA or I would be happy to do this loan for you at no cost. Find a savvy mortgage loan company to work with in Gilbert, and you should be able to get a new loan as I have just described.

Based on a $300,000 mortgage, you most certainly qualify for a lower rate. There are a couple of different ways to accomplish this. I would love to work with you and show you the options. I am a licensed Certified Residential Mortgage Specialist and located in Chandler. You can contact me at 480-889-9000. You also can check out my background at the National Mortgage Licensing System at www.NMLSConsumerAccess.org. My NMLS # is 40586. I look forward to assisting you.

Rates are currently lower than what you have now and there will be a savings. If you would like to discuss this in detail we are a local lender and we can set up an appointment to meet if this is something that you would like to do please feel free to contact me. Jafonso@azhomerates.com or 602-531-7040.