Episode notes
Refinancing your mortgage can be one of the smartest financial moves — if you know when and how to do it. In this episode of Practical Cents with Cullen Martin, we break down the real math behind refinancing: from understanding your break-even point to calculating potential monthly savings and long-term interest reduction.
💡 Learn how to decide if refinancing makes sense for you — and how to avoid common mistakes that cost homeowners thousands. Cullen shares practical tips, examples, and rules of thumb you can apply right away to make your mortgage work smarter for you.
📊 Topics Covered:
- When refinancing actually makes financial sense
- How to calculate your break-even point
- Closing costs and what to expect (2%–5%)
- The “Marry the house, date the rate” strategy
- How to lower your mon ...