Home Purchase Mortgage Calculators
Mortgage Program Calculators
You are in a challenging situation given the circumstances you outlined in your question. Our recommendation is that you contact your lender and ask if they participate in the USDA-HAMP or Principal Reduction Alternative (PRA) programs. We outline both programs on our Government-Sponsored Refinance Programs Summary page on FREEandCLEAR including where you can find more information on these programs. You may also want to contact the USDA directly as it offers resources for distressed borrowers. Finally, HUD or your local housing commission / agency may offer programs that could meet your situation. Click on your state on the HUD State Information page to find resources available near year.
Unfortunately, most refinance programs, including the programs outlined above, are designed for distressed borrowers who are struggling to pay their mortgages which does not seem to apply to you. The resources listed above, including your current lender, however, may be able to guide you in the right direction and help you refinance.