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re: Would you Refinance?

Posted on 7/9/18 at 8:55 am to
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7544 posts
Posted on 7/9/18 at 8:55 am to
One consideration for you is if you will be itemizing your taxes going forward. If you won't be itemizing due to new tax law (increased standard deduction), then for you, the mortgage is nothing but debt to be eliminated.
Posted by LSUengineer12
The Best Side
Member since Dec 2011
1850 posts
Posted on 7/9/18 at 9:27 am to
It's going to be very difficult for us to itemize with the standard married deduction at $24k.
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