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re: Should I re-finance my house?
Posted on 8/17/10 at 5:58 am to LSUROXS
Posted on 8/17/10 at 5:58 am to LSUROXS
If you plan to stay in the house it makes a lot more sense, especially if you plan on rolling in closing costs. I suggest also looking into a 10 year term. Take a look:
Current monthly note - proposed monthly note= savings per month
savings per month / closing costs = # of months to recoup closing costs
Current monthly note - proposed monthly note= savings per month
savings per month / closing costs = # of months to recoup closing costs
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