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re: Current Mortgage Rates

Posted on 11/20/20 at 1:31 pm to
Posted by WeAreBR
Member since Oct 2020
125 posts
Posted on 11/20/20 at 1:31 pm to
I am going to make your Friday. With the information you gave me, $450k value, $100k loan, $100k cash out, the 15 year rate is 2.25%, $1310 monthly payment. That does not include closing costs or escrows but we could add it to the loan amount since your LTV is 44%. I used a credit score of 760. I would have to run yours to get the best estimate
Posted by Cuz413
Member since Nov 2007
7392 posts
Posted on 11/21/20 at 2:57 pm to
I'm in year 9 of a 20 year mortgage 5.04% interest, $82k principal balance, home value ~$230k.

What are my refinance options (10 year?), or, should I even refinance?

Thanks
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