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re: Should I refinance with these numbers?
Posted on 2/22/13 at 10:11 am to lsursb
Posted on 2/22/13 at 10:11 am to lsursb
Correct me if my math is wrong, but do you still owe around $140k and your P+I payment (not including escrow) is currently around $810?
That's the approx figures I came up with. Just making sure before I throw any other figures out there.
Edit: Also you mentioned no out of pocket costs. What amount are they charging you that they are rolling into the loan amount?
That's the approx figures I came up with. Just making sure before I throw any other figures out there.
Edit: Also you mentioned no out of pocket costs. What amount are they charging you that they are rolling into the loan amount?
This post was edited on 2/22/13 at 10:12 am
1
Posted on 2/22/13 at 10:22 am to mglsu21
I actually owe a bit over $160,000. My P+I now is $956. The estimated closing costs they are quoting is $2345.00. They say I will get $589.17 back at closing. They are saying the new P=I would be $790, but my Mortgage Insurance is increasing by $30 a month over the current cost.
These are just preliminary figures, based on the information they had from my original purchase of the house.
These are just preliminary figures, based on the information they had from my original purchase of the house.
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