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re: Should I refinance?

Posted on 8/21/14 at 3:45 pm to
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 8/21/14 at 3:45 pm to
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
Posted by 1860pissed
Dunleith
Member since Feb 2013
260 posts
Posted on 8/21/14 at 4:12 pm to
4.25% interest rate. $240k loan. I didn't think about PMI being different. With the RD loan the PMI is extremely low.. Should I wait until I have 20% equity before refinancing to avoid PMI?
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