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re: Refinance Opinions

Posted on 7/14/10 at 10:30 pm to
Posted by yaherrdme
The Place to Be
Member since Feb 2004
5446 posts
Posted on 7/14/10 at 10:30 pm to
quote:

The thing that concerns me is I don't have much equity in my home now, so if I had another 3K I would be cutting it even closer.


Just put the 100/month you are saving toward principle for 30 months.. and you are back to where you were equity wise.. anything after that is pure savings
Posted by Glock17
Member since Oct 2007
22409 posts
Posted on 7/15/10 at 9:26 am to
quote:

Just put the 100/month you are saving toward principle for 30 months.. and you are back to where you were equity wise.. anything after that is pure savings


I thought about that, but I really don't plan on being in this house more then 3 more years (assuming everything works out as planned)
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