is it worth to refinance again for 30 years from 4.625% to 3.375%?

There's a lot of info missing such as how much is this loan costing you.. How much is your new loan amount going up, etc... on the surface.. 3.375 is a better rate than 4.625, so yes.. Anytime you can save this much interest, it's worth it.. But you need to offset your monthly savings against your costs for the loan to determine when your breakeven point is.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

It depends on how long you are going to stay there and what the closing costs and payment savings are. Take the amount of closing costs divided by the monthly savings and that will tell you how many months it will take to break even. If you plan on staying there longer than that it makes sense. Call me if you would like a competitive analysis. Have a great day!Brad Cahoone - 972-724-3222 - bcahoone@globalhomefinance.com - globalhomefinance.com

Total cost analysis aside, if your goal is to keep more money in your pocket on a monthly basis then go for it. Good luck!

Roll the closing costs intot he loan because you have plenty of equity. And you will still be able to lower your monthly payment significantly. Good Luck!

Find your break-even on rolling the closing costs into the loan and IF you plan on staying longer than that timeframe then its a no-brainer

The simple answer is yes. The savings is about $180 a month using the round numbers you have given. That is a significant difference per month. With that amount of savings you are looking to save about $30k over the life of the new loan even though you are extending your term back out the 3 years you have already paid. If you include closing costs, which if I did the loan I could get you a 3.375% for only third party costs, Lender, Title and Appraisal. Roughly $2,800- $3,000 in total costs with no points. After costs you are still netting around $27k by lowering your rate that much. I could also show you a 3.5% on a 30 yr that would cost you about half as much as well.Also if you are comfortable with you current payment, then continue to make the same payment on the new loan and pay your house off in 21.6 years which would save you around 55K by taking off 5 years off your term. Either way you slice refinancing makes dollars and "sense" in my opinion. I would love to work with you on your home refinance. I am available at any time so please fee free to call me at 512-828-6672 or shoot me an email at eric@onecitymortgage.com. I office out of Austin Texas so I am close to you in San Antonio. Hope this information helps, thank you much.