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re: home refiance

Posted on 5/2/13 at 7:57 am to
Posted by lsuCJ5
Holly Springs, NC
Member since Nov 2012
974 posts
Posted on 5/2/13 at 7:57 am to
so here is my senario. i currently have a 30 year fixed at 4.25% paying $1550 per month. i can refinance to 3.55% with negative points so i don't put any money back into my loan (and i am not putting any money down) and lower my note to roughly 1415.

I don't think it is a bad deal at all.
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