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re: How much equity do you have in your home and When do you plan on paying off
Posted on 5/15/19 at 8:05 am to MrJimBeam
Posted on 5/15/19 at 8:05 am to MrJimBeam
I just closed on my “forever home” back in December. Have about $200k in equity. Not putting anything significant into mortgage. About to refinance it (already lol) due to rates dropping around 1%.
Any chance it could appraise higher?
Rates are around low 4s now and could get rid of PMI if appraised higher. Or prepay it. Might be worth looking into.
quote:
Have about 40k in equity, but came in 10k under appraisal so that was nice. Worth about 340, just under 300k in mortgage. 4.75% plus PMI
Any chance it could appraise higher?
Rates are around low 4s now and could get rid of PMI if appraised higher. Or prepay it. Might be worth looking into.
1
Posted on 5/15/19 at 8:08 am to LSUtigerME
quote:
Rates are around low 4s now and could get rid of PMI if appraised higher. Or prepay it. Might be worth looking into.
It's possible, but it was last August so I'm not really sure it's appreciation since then. I'll certainly look into it
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