 TITLE: Does Refinancing Reset Your Loan Term? CONTENT: Is It Possible to Refinance Without Restarting Your Loan Term?\n--------------------------------------------------------------\nBecause refinancing involves taking out a new loan with new terms, you're essentially starting over from the beginning. However, you don't have to choose a term based on your original loan's term or the remaining repayment period.\nFor example, if you're refinancing your mortgage, you may find that the top mortgage refinance lenders offer several repayment terms, including 10-, 15- and 30-year terms. You might choose to \"restart\" with the same term you originally had, perhaps 15 or 30 years—but that's not required. You may decide on a shorter or longer term depending on the corresponding interest rate and monthly payment. END