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    Column: How to retire without a mortgage

    23.02.12 As the author notes, to pay off your mortgage early using refinancing, you will need a shorter term loan. This works best if you refinance earlier in the current loan. The example given by DeSenne is 25 years left on a 30-year mortgage at 6 percent with a balance of $175,000. If you refinance with a
    Source: Daily Local News

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    Refinance your mortgage
    Boston Globe - Aug 20, 2011 Refinance your mortgage A refinancing can involve complex decisions about the best way to handle closing costs, which in Massachusetts run about 1.5 percent of the total loan amount on average, or $4050 on a $270000 loan. The Tri-Refi Refinance Calculator at HSH Associates,

    More homeowners shorten mortgage terms
    USA Today - Aug 15, 2011 More homeowners shorten mortgage terms Your best option depends on several factors, such as how long you plan to stay in your home. You can find a calculator that shows how long it will take you to recoup the cost of refinancing at calculators.usatoday.com.

    How to Think About Refinancing
    The Atlantic - Aug 04, 2011 With a simple refinance calculator, like this one from Bankrate. It lets you see how the refinance will change your monthly payment, and your total interest paid, and how many months it would take you to recoup the costs. That calculator told me that

    A Surprising New Mortgage That Pays You to Go Green
    Move Smartly - Aug 24, 2011 Frankly, it's an insult to greenies everywhere – just because we care about the environment doesn't mean we can't use a calculator. That brings us to a new green mortgage offer which is only available through a very select group of independent mortgage

    Exploring the 15-Year Loan
    New York Times - Aug 19, 2011 So before you choose between a 15- and a 30-year loan, crunch the numbers on each using an online mortgage calculator. On a $300000 loan, for example, you would pay about $1475 a month for principal and interest over 30 years, versus $2145 over 15