Refinance Your Mortgage: A Deeper Dive
Lower your payment, eliminate mortgage insurance, consolidate debt, or fund improvements—all with a plan that fits your goals. Parish Lending compares scenarios and shows your true break-even.
See If Refinancing Makes Sense
Answer a few quick questions. We’ll estimate savings, options, and your break-even.
What Does “Refinance” Mean?
To refinance is to replace your current mortgage with a new one—reorganizing the terms (rate, length, costs) to better fit your goals. In practice, that can lower interest, remove mortgage insurance, change your term, consolidate debt, or unlock equity for projects.
When is a refinance worth it?
Rules of thumb (like needing a 1–2% rate drop) are just starting points. Your real decision should weigh: time in the home, monthly savings, closing costs, and total interest over the life of the loan. The calculator below gives a quick read; we’ll also run a full side-by-side for you.
Break-Even Calculator
Let’s model your best-fit refinance.
We’ll run side-by-side scenarios (rate/term, streamline, cash-out) and show your break-even clearly—no pressure.
