Refinance
Refinancing refers to the process of replacing an existing loan with a new loan that has better terms or a lower interest rate. This can be a useful strategy for borrowers who have improved their credit score, have built up equity in their home or other asset, or are looking for a way to lower their monthly loan payments. Continue Reading Below
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Discover the definition of financial terms related to refinance.

What is a Home Equity Investment Agreement (HEA/HEI)?
Andrew Latham

Non-Recourse Loan: How It Works vs. Recourse Debt
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Minimum Payment: What It Is and Why Paying Only It Costs You
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Unsubsidized Loan: How It Works vs. Subsidized
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Parent PLUS Loan: Rates, Requirements, and Repayment Options
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Student Loan Rehabilitation: How to Remove a Default from Your Credit Report
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Credit Card Payoff Calculator: How to Calculate Your Payoff Date and Total Interest
Andrew Latham

Loan to Value (LTV): Definition, How It's Calculated, and Why It Matters
Andrew Latham

Balloon Payment: Definition, How It Works, and Pros and Cons
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Student Loan Deferment: Options, Impact & Alternative Strategies
Andrew Latham
Learn About Refinance
Auto Loan Statistics 2026: Average Car Payment, Rates, Debt and Delinquency in Every State
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How To Get Out of Debt: Ultimate Guide to Being Debt Free
Andrew Latham

How To Settle Credit Card Debt When a Lawsuit Has Been Filed
David Hodges

Can You Refinance Your Home After Bankruptcy?
Justin Smith
One in Five New Car Buyers Now Pays $1,000 a Month. Here's How to Keep Your Payment Under Control
SuperMoney Team

Best Auto Loans For Bad Credit in 2026
Audrey Henderson

Refinancing After Forbearance: Here's What You Need to Know
Erin Gobler

9 Steps to Reduce the Threat of Foreclosure
Teresa Ambord

Loan Modification: How to Lower Your Mortgage Payment
Andrew Latham

Bridge Loan vs Construction Loan: Which Is Better for Building Your Next Home?
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How to Save Money by Refinancing Your Auto Loan
Jessica Walrack

Auto Loan vs. Dealer Financing: Where Can You Get the Best Rate?
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Mortgage Rates: A Guide On How They Are Calculated
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Jumbo ARM vs Fixed-Rate Mortgage: Which Is Right for You?
Andrew Latham

Should I Switch to a 15-Year Fixed Mortgage?
Marcie Geffner

Adjustable-Rate vs Fixed-Rate Conventional Loans: Which Is Better for You?
Andrew Latham