Calvin you could refinance to a 15yr currently at 3.25% with a lender credit and a P&I payment of $1,405.34 sounds good right lets get going I can be reached at ballen@accessnational.com

Calvin,Feel free to reach out and I will email you rates/payments on 15, 20 & 30 year mortgages. We are a local lender based in Raleigh.Thank you,Parrish RegisterFirst Priority Financial1000 St. Albans Dr. Ste 350Raleigh, NC 27609919-302-1444 Cell888-909-8582 FaxParrishRegister@gmail.comNMLS# 117770

If you have served in the armed forces or national guard - you should check out the benefits of a VA mortgage. If you have a service connected disability of 10% or greater the VA funding fee would be waived.Harry Newell

Hi Calvin, give me a call at 910-920-7283. My name is Jason Brooks of New American Mortgage and I'm here in Fayetteville. We have excellent rates and I could give you option on 15, 20 or 30 year term.You definitely should look into refinancing though as our rates could potentially potentially save you hundreds of dollars per month and thousands over the life of the loan.Also, I can reached at jason.brooks@newamerican.com

Hi Calvin:If you plan on moving within 6 years I would consider a 5 year ArmIf you plan on staying for at least 8 years than I would consider a 15 year FRMAt present I can offer 3.25, based on current market conditions I may be able to offer 3.125Depending on when you want to closePlease give me a call at 919 655 5461 to discuss all your options

Calvin-I have many great options for you on rate and loan term reduction. To get the most accurate advice I would like to speak with you personally and go over your exact needs. I can be reached here in NC toll free at 866-912-3400.Tim Kritcher, Manager, Envoy Mortgage. tkritcher@envoymortgage.com

If you are comfortable with your current mortgage payment, seek out a no-cost refinance transaction to a shorter-term note. Once you have done this, continue to make your existing payment to accelerate your amortization even faster. Good luck.

Based upon the info you gave, it appears that you purchased your home for $236,000, at a 5.5% interest rate with a monthly payment of $1,330 if you didn't make any extra payments during the 9 years of the loan. If this is correct, the balance would be the $200,000 that you stated. Your best bet is to refi into a 20-year loan with a payment of about $1,212/mo., save $118/mo., pay off your loan in 20 years instead of 21, and save a little over $44,000. However, if you can afford an additional $100/mo., you might want to consider a 15-year loan with a payment of about $1,430/mo. With this loan, not only will you pay it off 6 years ahead of your current one, you will also save almost $80,000 over the 15 years compared to your present loan.