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What you might want to know about refinancing.

The process of refinancing can seem complicated, but it doesn't have to be if you're informed and prepared. Whatever your goal and financial situation, the Refinance Guide provides you with insights that may help you decide if you should refinance your mortgage.


What may you gain if you refinance?

People refinance for many reasons. You might want more manageable monthly payments or to pay off your loan quicker. Perhaps the market has changed and you can take advantage of better rates, or you want to consolidate debt or get cash out for expenses. See if refinancing can help you meet your goals!

Refinancing basics

Take a read through the Refinance 101 article to get an overview of what you have to gain and what it might cost. You could stand to save a lot of money over the life of your loan. Read about the reasons to refinance.

Refinance 101

See how much you could save

Use the mortgage refinance calculator to learn if refinancing makes sense for you. Whether you want to lower your monthly payment or shorten your mortgage term, this refinance calculator may help you understand how much refinancing your mortgage can help. See what you might save by refinancing to today's refinance mortgage rates.

Use the refinance savings calculator

Refinance with a Discover Home Equity Loan

If you owe less than $150,000 on your current loan, this might be a great option for you. You can refinance a current home equity loan, HELOC or first mortgage with a Discover Home Equity Loan and enjoy no origination fees, no closing costs, a fixed interest rate, and more.

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