Currently I have a 30 year loan with 3.75 APR. Trying to decide if doing at refi to 3.5 APR is even worth it considering I'm only saving about $45 a month.
Here are the numbers if anyone is curious.
House 400,000
Financed 360,000
Owe 342,000
PMI is $117----Should fall off in 2 years, or with a refi now due to increased value of home.
Cost of Refi---$2,400
BY my quick math, Im saving almost $15,000 over 28 years (going to overpay to keep my current time frame).
Any input would be appreciated, thanks.
Submitted September 22, 2017 at 07:26PM by beachbumjeremy http://ift.tt/2yvNmzb
