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RefiNow™ is an affordable refinancing option aimed at making it easier and less expensive for qualifying homeowners to reduce their monthly housing costs by taking advantage of today’s historically low interest rates.
- RefiNow
RefiNowTM is an afordable refinancing option for qualifying...
- Fannie Mae
Initially announced April 28 by the Federal Housing Finance...
- RefiNow
Use the refinance calculator to find out how much money you could save every month by refinancing. Note: Calculators display default values. Enter new figures to override. *Includes first monthly mortgage balance plus estimated closing costs. Results include a 1.5% (of loan amount) closing cost default setting.
Mortgage Refinance Calculator See how much you'd save by refinancing. Depending on your current loan and market conditions, refinancing could help reduce your monthly payment.
If you’re facing financial uncertainty and have a Fannie Mae-owned loan, you may qualify for helpful mortgage relief solutions like a forbearance plan or loan modification. You might also be eligible for RefiNow™— an option that can lower your interest rate and reduce monthly payments.
Loan-level price adjustments: For primary residences with LTV ratios greater than 80 percent, Fannie Mae charges zero percent in fees on loans with terms less than 20 years, and 0.75 percent on loans with terms of more than 20 years.
RefiNowTM is an afordable refinancing option for qualifying homeowners aimed at making it easier and less expensive to reduce monthly housing costs. The matrix below summarizes our eligibility guidelines for RefiNow. Please refer to Lender Letter LL-2021-10 for additional information.
5 Μαΐ 2021 · Initially announced April 28 by the Federal Housing Finance Agency, RefiNow makes it easier for eligible homeowners earning at or below 80% area median income (AMI) to refinance at a lower interest rate and reduce their monthly mortgage payment.
