We have 14 years left on a mortgage, ~$140k left on 4.5%. We have an offer to refi for 11 years fixed at 2.5% but there's over $8k in closing costs. The payment will go up a bit but pay off the loan 3 years earlier, but the closing costs seem high and maybe makes this deal not worth it?
Submitted March 20, 2020 at 08:15PM by dank_memestorm https://ift.tt/2wgQNOb
