A lot can change over the life of a mortgage. Refinancing could mean massive savings for you over the life of your mortgage as well as monthly savings in your budget. Our attractive low rates could allow you to shorten your terms and be mortgage-free sooner than you thought. You could even use a ‘cash out’ option to make some needed repairs or take care of other obligations. Our mortgage consultants are ready to run numbers with you and talk through the possibilities.
How Much Will I Save?
Is refinancing right for you? It could mean massive savings, however the cost associated can also add up. The calculator below will help you estimate what refinancing could do for your family.
What Will I Need?
We strive to make this process as easy and convenient as possible. Download our mortgage refinance checklist to make sure you have all of the required documents to apply for mortgage refinancing.
Conventional Fixed Mortgages for Refinancing
| Rate* | APR | Points | Payment** | |
| 30 Year | 3.375% | 3.458% | 0 points | $774 |
| 30 Year | 3.125% | 3.287% | 1 Point | $750 |
| 20 Year | 2.875% | 2.989% | 0 points | $960 |
| 15 Year | 2.625% | 2.772% | 0 points | $1,177 |
| 10 Year | 2.500% | 2.714% | 0 points | $1,650 |
Rates last updated: 3/03/2021 11:10 AM
*Rates Posted are indications only and are subject to change without notice. Refinance Rates displayed are for term refinances only, cash out options are available at adjusted rates. If you wish to lock in your rate, please consult with your mortgage officer.
**Payments listed assume:
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A loan amount of $175,000
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Property value of $250,000
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Excellent credit of 740 or greater
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No subordinations- no other loans against the property, such as home equity loans or lines of credit and assumes the dwelling is for Primary Residence use
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Payment examples only reflect principal and interest payment and excludes escrow (real estate property tax and home owners insurance (AKA Hazard Insurance), which would cause the actual payment to be higher
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We do business in accordance with the Federal Fair Housing Lending Laws. Read more
Call Federal Credit Union is an Equal Housing Lender licensed by the National Mortgage Licensing System under NMLS #407823.
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