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)?
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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
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Loan to Value (LTV): Definition, How It's Calculated, and Why It Matters
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Balloon Payment: Definition, How It Works, and Pros and Cons
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Student Loan Deferment: Options, Impact & Alternative Strategies
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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
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How To Settle Credit Card Debt When a Lawsuit Has Been Filed
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Can You Refinance Your Home After Bankruptcy?
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One in Five New Car Buyers Now Pays $1,000 a Month. Here's How to Keep Your Payment Under Control
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Best Auto Loans For Bad Credit in 2026
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Is Refinancing Your Car a Good or Bad Idea?
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Which States Have the Highest Auto Loan Delinquencies and How to Avoid Default
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Guide to Refinancing Your Auto Loan
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Does Refinancing Your Car Loan Hurt Your Credit Score?
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Deferment and Forbearance: Top 8 Private Student Loan Lenders That Offer Them
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Wells Fargo Student Loans Refinance: In-Depth Review
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Non-QM Loans: A Guide For Non-Traditional Borrowers
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How to Get Rid of Mortgage Insurance
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How to Refinance Your Mortgage if You Have Good Credit, but You're Underwater
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How to Refinance And Lower Your Mortgage Rates
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