should I refinance on a 36000 loan

If it is no cost to you then maybe - the reality though is the cost to get the loan may be more than you will make up in saving every month - at least for a very long time - Did they say how much it would save you every month - are they doing a 30 year term? That rate should save you about 1000 a year so thats a little less than 100 a month - thats a nice savings if my math is right     Brian Barnes Nationwide Mortgage Loans Brian@Aimwithfocus.com