Refinance Makes Sense?Home refinance.. I have a 80-10-10 loan 5/1 arm interest only.The first loan is for 417k at 6.125 and second heloc at 6.00. We closed on this home just 6 months ago..and I was wondering if it is prudent to refinance... The home value is 615kJanuary 06 2009 - Issaquah0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.