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Should I refinance?
Posted on 8/21/14 at 3:26 pm
Posted on 8/21/14 at 3:26 pm
Backstory: purchased a home using a rural development loan, was right under the income limit. Received large promotion at work that pushed me way over the limit. Because I put no money down, should I refinance to a 15 year loan to save a boat load on interest?
2
Posted on 8/21/14 at 3:34 pm to 1860pissed
Current Interest rate? Loan amt?
More information is needed.
More information is needed.
Posted on 8/21/14 at 3:45 pm to 1860pissed
quote:
should I refinance to a 15 year loan to save a boat load on interest?
As stated.... need more info. But based on this statement and historically low rates, likely a good move
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