- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Question about home refi
Posted on 5/18/20 at 1:15 pm to LSUSUPERSTAR
Posted on 5/18/20 at 1:15 pm to LSUSUPERSTAR
quote:
What was the original term and how many years do you have left?
We have about 20 years left on a 30. I would not consider anything longer than 20 at this point.
2
Posted on 5/18/20 at 1:19 pm to fallguy_1978
quote:
We have about 20 years left on a 30. I would not consider anything longer than 20 at this point.
nor should you.
maybe reply and ask for their best offer to refi to 15 years
Posted on 5/18/20 at 1:26 pm to fallguy_1978
Some posters have been reporting between 2.5-2.75% on a 20-year. It may not save you much on your monthly payments, but it'll help on the interest paid over time.
We just went from 3.875% on a 30 (27 years left) to 2.75% on a 25. Dropped our note $75/mo but brought Princ/interest to 50/50 instead of the 70/30 we were at. Will save us $75k in interest on the lifetime of the loan
We just went from 3.875% on a 30 (27 years left) to 2.75% on a 25. Dropped our note $75/mo but brought Princ/interest to 50/50 instead of the 70/30 we were at. Will save us $75k in interest on the lifetime of the loan
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News