This calculates how many months the owner will need to remain in the home to recapture the costs of refinancing. The
decision to refinance a home is made on the feasibility of recapturing the expense involved in refinancing before the
home is sold.
This is not an offer of credit but is a general illustration of typical mortgage terms and concepts. Greg Shepard and Jack White Real Estate are not mortgage lenders. You should contact a specific lender to learn more about its mortgage products and your eligibility for such products. License: AK.18135