My Dad told me that if I refinance my home and drop my interest rate by 2% I can save quite a bit on monthly mortgage payments. I’m skeptical. Is there any sort of interactive mortgage calculator I can use to see how interest rate affects payments?
My Dad told me that if I refinance my home and drop my interest rate by 2% I can save quite a bit on monthly mortgage payments. I’m skeptical. Is there any sort of interactive mortgage calculator I can use to see how interest rate affects payments?