Look up the default risk by credit score, this information is readily available online. 

There are mortgage recast calculators online or you can reach out to your lender.P+I payment will go from 2155 to ~1800 given the numbers you provided.

@Dominic Mazzarella Not sure what happened to the lengthy response I wrote out - i'll try to re-summarize it here. 

Your immediate sarcastic response prompted all this. 

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

I had over 50 responses and 20 applications.  

Thank you all for the responses this was very helpful.  

Hello Denis,I apologize for the delayed response; I’m new to the platform and still getting familiar with it.Let me quickly share a bit about myself.

Your responsibility is the help the public in all their real estate needs.

He has an online network called Financial Friends Network.