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re: Refinance Opinions
Posted on 7/15/10 at 9:26 am to yaherrdme
Posted on 7/15/10 at 9:26 am to yaherrdme
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)
1
Posted on 7/15/10 at 11:26 am to Glock17
quote:
They told me they could drop me from 6.25% to 5% which would lower my payments by about $100 a month
That rate is too high, even on a 30 year. You should be able to do better than that.
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