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Would you benefit from consolidating your debts through a home equity loan or a cash-out refinance of your mortgage? It takes all of your current monthly debt payments and compares them to what you'd pay if you rolled them into a mortgage consolidation loan.In addition to showing your monthly payment savings, this calculator can also show you how much faster you'd pay off your debts with a mortgage consolidation loan, as well as your total savings over time.
Consolidating the two into a 15-year mortgage at 4.5 percent saves almost 0,000 more.
Settlement fees of 3 waived on Flexi Choice Prime loans.
Any non-standard valuations and additional valuations are at the cost of the borrower. Interest rates on this site were updated on 18 August 2017.
Fast forward to March 31, 2016, and it inched up only slightly, to 3.71%.
This has been great for homeowners who want to lower their monthly mortgage payment by refinancing to a lower rate.