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
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Can You Refinance Your Home After Bankruptcy?
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Best Auto Loans For Bad Credit in 2026
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Should You Pay Off or Refinance Your Mortgage? This New Tax Law Could Change Everything
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Pros and Cons of Refinancing Your Mortgage
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Millennial Depression: Why Are Millennials Depressed?
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How Much Will It Cost To Refinance My Mortgage?
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Bank of America Student Loan Refinancing Review
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Does Car Insurance Cover Repairs?
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The 5 Most Common Private Student Loans Requirements
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New American Funding partners with Matic Insurance and OneSource Solution
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Is It a Good Idea to Use a Car as Collateral for Loans?
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