When to refinance? How to calculate current appraisal?

Hello all just wanted to ask all the lovely people for some future advice. How do you know if you should refinance or not?

I just recently bought a condo and was told condos have a higher interest due to risk. Does this risk ever go away if I get the LTV to a certain point? How do I know what rates are going for currently? Most sites gives me the rate for a single family home not condo if any different.

Lastly how do you estimate the appraisal value of your home. Say a year from now I want to know if I reached 80% LTV so the mortgage insurance falls off. How would I know or do I have to get an appraiser and hope for the best

submitted by /u/xStealthyNinja

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