REFINANCE

Oneill Financial Group, your Northern Virginia mortgage source, suggests that you check the market closely when you are considering refinancing your loan. You will be looking for both the current interest rates and the closing costs. To find your costs you will want to divide your closing costs by you monthly savings. This will give you a preliminary savings amount. Then you should look at how refinancing will effect your taxes and how long you will stay in your home for. After you have surveyed all of these numbers you will know how much you will be saving by refinancing.