SHOULD YOU REFINANCE? - PowerPoint PPT Presentation

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SHOULD YOU REFINANCE?

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There are a number of reasons to consider refinancing: lower payments, lower interest rates, eliminating PMI payments, paying for home improvements, creating college funds, consolidating debt, purchasing a second home, or even financing a business venture. Website - – PowerPoint PPT presentation

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Title: SHOULD YOU REFINANCE?


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Should You Refinance?
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  • There are a number of reasons to consider
    refinancing lower payments, lower interest
    rates, eliminating PMI payments, paying for home
    improvements, creating college funds,
    consolidating debt, purchasing a second home, or
    even financing a business venture. 
  • When considering such a move, remember there are
    costs associated with refinancing and any
    decision to refinance will depend upon whether
    the overall financial benefits warrant the
    expense to refinance. Things to consider include

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  • How long will you own the property? If you plan
    to sell in the near future, you may not save
    enough from refinancing to warrant the cost.
  • Will the interest from the new loan be fully
    deductible? There are deduction limitations on
    mortgage interest, and you might find that a
    portion of the interest you pay on the new
    mortgage may not be deductible.
  • Is refinancing the right thing for you? Let us
    help you determine if the expense of refinancing
    is justified, or if there are other options that
    might be more practical. Taking the proper course
    of action now can have a profound impact on the
    future.

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Contact us
  • Address -147-08 235 Street Rosedale, NY 11422
  • Phone (844) 829-2292
  • Email -info_at_taxreliefrus.com
  • Website - https//www.taxreliefrus.com/
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