Physics Forums

Physics Forums (
-   General Discussion (
-   -   Should I refinance my mortgage? (

shetland Jan30-12 12:58 PM

Should I refinance my mortgage?
My interest rate is 6.375 with 140k left. To get under 80% deft to ratio I need to pay 10k to principal. Closing cost is only $200. I figure to pay off my mortgage within 5 years. The refinance term would be 12 yr. should I refinance or wait and pay off full in a few years? Btw interest rate quotes at 3.80

All times are GMT -5. The time now is 02:06 PM.

Powered by vBulletin Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
© 2014 Physics Forums