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Posted on 8/5/11 at 9:51 am to shawnld
So if I have a 30-year at 5% right now, and only owe about 150k, is it worth it to look at a 15-year 3.5-3.9% refi?
Posted on 8/5/11 at 5:11 pm to shawnld
just locked one in today. the discount to get that rate was .625%.
I ran a spread sheet for him and he is saving almost 200k in interest payments by converting to a 15 year. If you like, I could send you a copy of the spreadsheet and you could fill in the blanks.
I ran a spread sheet for him and he is saving almost 200k in interest payments by converting to a 15 year. If you like, I could send you a copy of the spreadsheet and you could fill in the blanks.
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