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Amherst, NH Mortgage Refinance in New Hampshire

We make it easy to get the lowest mortgage refinance interest rate in Amherst, NH.

Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Amherst, NH residents can be on the way to a lower interest rate, a lower monthly payment, or switching from an adjustable rate mortgage to a fixed rate mortgage.

When Should I Refinance?

The best time to refinance is when interest rates in Amherst, New Hampshire drop below the rate of your current mortgage.  With a lower interest rate, you'll save money on your mortgage payment every month.  Be sure to read our article titled Reasons to Refinance Now.

Turn Your Adjustable Rate into a Fixed Rate

With adjustable rates on the rise Amherst, NH residents can benefit greatly from refinancing your home for a low fixed rate.  These benefits include a lower monthly mortgage payment, and the security of knowing your mortgage payment won't increase.

Cash-Out Refinancing

Using the equity in your home, you can refinance your mortgage for a higher amount than your current principal balance and receive the extra funds as cash.  You can use this money however you would like, including, remodeling your home, paying off high-interest rate credit cards, paying off student loans, or consolidating all your debt.  How much cash out you can receive by refinancing depends largely upon the principal balance remaining on your mortgage and the amount of equity in your home.

Eliminate PMI

Private Mortgage Insurance is usually required if your downpayment on your home was less than 20 percent.  If your home equity has increased since your purchase, you may have enough equity to elimate that PMI payment by refinancing your mortgage.

Save Thousands in Interest

When you refinance your home you can decide to switch your mortgage to a shorter term, such as 10, 15, or 20 years.  Depending on how much lower the refinance rate is, you will likely pay more per month for this shorter term home loan.  However, in the long-term you are saving thousands in interest.  And because more of your monthly mortgage payment goes towards the principal, your home equity will increase much quicker.

Mortgage Refinance Calculators

Mortgage Payment Calculator
Refinance Savings Calculator
Refinance APR Calculator
Refinance Points Calculator 

Refinance Articles

Reasons to Refinance Now
Beat the Subprime Mortgage Crisis 
Return to mortgage refinance in the state of NH

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Amherst, New Hampshire News
Ellen Goodman: The un-Zen-like question is whether McCain is committing character suicide

UNLESS YOU stayed up to the bitter end, you missed the last question. It came over the Internet from Peggy in Amherst, N.H., and, as Tom Brokaw warned, it had a certain "Zen-like" quality: "What don't you know ...


Doug Ray: Final question sums up presidential debate

Published: Thursday, October 9, 2008 at 3:30 a.m. Last Modified: Thursday, October 9, 2008 at 12:04 a.m. Tuesday night's presidential debate wasn't particularly memorable, except, I think, for the final ...


Man charged after 30-mile chase

A New Ipswich man was charged with reckless conduct, disobeying a police officer and numerous motor vehicle violations after being chased by police for nearly 30 miles through several towns.


Ready-made dinners make sitting at the table easier

For more information and meal choices, below are meal-prep centers in the area: Super Suppers, 4 Cobbetts Pond Road, Windham.


Peggy From NH: Candidates Didn't Answer Question

The rest of the country and the presidential candidates know her as "Peggy from Amherst, New Hampshire."A We now know that the woman who supplied the final question for the presidential debate this week was ...


What McCain and Obama Dona t Know

Unless you stayed up to the bitter end, you missed the last question. It came over the Internet from Peggy in Amherst, N.H., and, as Tom Brokaw warned, it had a certain "Zen-like" quality: "What don't you know ...


Amherst girl makes magic on big screen

Rosie Garvey's dream came true recently on a Saturday night in Manchester. The premiere of the movie she produced, "Manchester Magic," was held at the New Hampshire Institute of Art.


'Zen-like' debate question familiar in Amherst, N.H.

Perhaps the most memorable question came at the end of Tuesday night's presidential debate, when Tom Brokaw asked what he described as a "Zen-like" query submitted online by Peggy in Amherst, N.H. The question ...


Sex offender nabbed for failure to register after move

Detectives making routine check-ups on registered sex offenders found one who had moved without telling police, police reported Tuesday.


Film about daredevils lives' records every crash, spill along the way

You have to love the names: Crash Moreau. Doug Danger. Louis "The Rocket" Re, King Kong Knievel and Rocky Hardcore.


Fewer teachers puts area schools in bind

Schools usually finish hiring teachers for the upcoming year around the end of July.


'Supernanny' brings order to a household in Amherst in season premiere

But Quinn took the situation into her own hands by attending a casting call for the ABC show in Bedford last year, and at 9 tonight, the world will get a glimpse inside the Quinns' private world.


Published fantasy author from Bedford speaks at Souhegan

Andrew Spinali can be reached at 594-5833 or aspinali@nashuatelegraph.com . In high school, Elaine Isaak was a self-proclaimed nerd.


Vandals trash SHARE's new home

Vandals trash SHARE's new home 1 hour, 58 minutes ago MILFORD The celebration of moving into a new building was cut short this weekend when vandals ransacked the new home of the SHARE food bank and offices.


Amherst College students love Macs

Peter Schilling , a university IT professor, has been studying students at Amherst College and has published his results in Academic Commons .


Winery makes fantastic use of local fruits

Let's clear away some of the bull regarding wine tasting. For me, it's not about the zen, the terroir, the "scent of Asian pear mixed with white truffles," the brix, the fermentation, the philosophy or whatever ...


Antiques show puts green in coffers of the Amherst Historical Society

The 13th annual Antiques on the Green Show and Sale, held last weekend, was well -attended and brought thousands of dollars in to the coffers of the Amherst Historical Society, the sponsoring organization.


Robber regrets shooting of clerk

A former gang member admitted Thursday to shooting a gas station clerk during a robbery two years ago and was sentenced to six to 15 years in prison.


UMass officials quash credit-for-campaigning offer

Chaplain Ken Higgins told students in a Sept. 18 e-mail, "If you're scared about the prospects for this election, you're not alone.


Tacos have changed quite a bit over the years

Where to get a taco Mexican food, which culinary historians believe crossed the border into the U.S. Southwest nearly a century ago, can be found on menus in pretty much all corners of the nation these days.


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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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