• Lower your monthly payment
  
• Shorten the term of your loan
  
• Cash out equity to buy a new car or pay for college tuition
  
• Consolidate credit card or other debt into a lower payment
• Combine first and second mortgages
  

The equity in your home is one of the most effective financial tools at your disposal. Building that equity and using it wisely can provide you with money for the things that are important to you. New cars, college tuition and retirement planning are all ways that the equity in your home can help you.

Find out how much you can save with the mortgage loan calculator.