Product | Interest Rate | APR |
Conforming1andLoans |
30-Year Fixed |
4.250% | 4.433% |
30-Year Fixed FHA |
4.250% | 5.087% |
15-Year Fixed |
3.625% | 3.943% |
5-Year ARM |
2.750% | 3.083% |
5-Year ARM FHA |
2.750% | 2.948% |
Larger Loan Amounts in Eligible AreasConforming and FHA.1 |
30-Year Fixed |
4.375% | 4.508% |
30-Year Fixed FHA |
4.375% | 5.165% |
5-Year ARM |
3.125% | 3.167% |
Jumbo1 Loans Amounts that exceed conforming loan limits1 |
30-Year Fixed |
4.875% | 5.012% |
5-Year ARM |
4.000% | 3.478% |
Wells Fargo Refinance Calculator
Getting some idea about the interest rate and payment structure of the refinance loan is quite important for the borrowers. To do so, they can use the refinance calculator made available at the bank website. To make an estimate with the refinance calculator you will have to provide details about your current loan and your new loan. Details to be provided include original loan amount, term, interest rate, years already paid for the current loan. Further provide the term, origination charge, interest rates, property tax, property insurance and savings rate of the new loan term.
Homeowners can also see whether they can qualify for online program eligibility. After providing few details, the bank will check the eligibility condition for the applicants and offer them suitable programs. In case if you are not able to qualify for the online programs, the bank can help you work with experienced mortgage specialist to find a loan option that can meet your financial goals. To get online assistance on homebuying and refinancing, call 877-937-9357, M - F, 7 a.m. to 11 p.m., CT, Sat., 8 a.m. to 4:30 p.m., CT. One can also contact this number to make complaints and inquiries.
Website: https://www.wellsfargo.com/mortgage/refinance/
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