Mortgage Refinancing Options

Should I refinance my mortgage?


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At NBT Bank, we’re focused on what matters. We provide easy and convenient tools to help educate you on refinancing your mortgage. Refinancing your mortgage means paying off your existing mortgage loan and replacing it with a new one. This is typically done to get a lower interest rate, reducing the amount of interest you pay over time.

Low Rates. Big Opportunities.

Refinancing is a good idea during low-interest rate environments to:

  • Lower your monthly mortgage payments
  • Reduce the term or length of your mortgage
  • Take cash out

What you need to know.

When you refinance at a lower interest rate, there will be fees associated with refinancing your mortgage. Try our refinance calculator to see if the amount you save in interest will exceed these refinancing costs. The calculated results depend on how long you plan to keep the property.

We're here to help.

To learn more about the refinance process, check out our mortgage process webpage or contact one of our mortgage refinance lenders who will be happy to answer any questions you may have.

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If you have any questions or need any assistance please contact Customer Service at 1-800-NBT-BANK.