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Yes, it always benefits you to refinance, if your bank isn't willing to find someone who is.

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16y ago

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What are some benefits of auto refinance?

The biggest benefit of auto refinance is that it can allow you lower monthly car payments. Auto refinance can give you a better interest rate on your car loan, which can be extremely beneficial in saving you money on paying your car off.


Can you refinance a parent plus loan?

Yes - you can refinance them with a private lender. You lose some of the federal government programs like IBR (income-based repayment) but can benefit from different repayment terms and a lower interest rate. Learn more at commonbond.co/refinance-parent-plus-loans


What is the potential impact of a refinance prepayment penalty on my overall financial situation?

A refinance prepayment penalty can increase the cost of refinancing a loan, potentially reducing the overall financial benefit of the refinance. It may limit your ability to save money on interest payments or access better loan terms.


Why would anyone want to refinance their car?

There are definitely benefits in refinancing your vehicle. The main benefit, provided the interest rate is lower than the original financed interest rate, is that the monthly repayments will lower considerably.


What are the benefits of a jumbo mortgage refinance for homeowners with high-value properties?

A jumbo mortgage refinance can benefit homeowners with high-value properties by potentially lowering their interest rates, reducing monthly payments, and providing access to cash through equity.


Are the interest rates low enough that I would benefit from refinancing my car loan which is currently 6.5%?

Yes, the interest rates low enough that you would benefit from refinancing your car loan which is currently 6.5%. You can read more at ptmoney.com/2010/03/04/should-i-refinance-my-mortgage/


What are the benefits for a person to compare CD interest rates?

Interest rates play an important role in not only the economy, but your personal If you do decide to refinance, make sure you compare the savings with the potential One benefit of CDs is that they are time deposits, which means your rate is


Is form 1008 s real?

It's fake, from a private company that wants you to refinance with them, at no benefit to you.


What are the benefits of getting a second mortgage refinance?

The main benefit of a second mortgage refinance is that it allows one to not have to create a new mortgage. Creating a new mortgage can be a hassle, which a second mortgage can alleviate.


What is the advantage of a convertible adjustable-rate mortgage?

This type of mortgage vehicle gives the borrower the benefit of a low initial rate with the option to refinance to a fixed-rate mortgage at about half the typical refinance cost.


What is acting in public interest?

To act in public interest is to do that which is to the benefit of the public.


What do you think is a benefit of having a fixed interest loan?

A benefit of having a fixed interest loan is that the interest rate remains the same throughout the loan term, providing predictability and stability in monthly payments.