diehardbiker
Active Member
- Joined
- Mar 22, 2004
- Messages
- 16,188
- Reaction score
- 16
Yes, depending on how much left on the term, and how much is owed. If your near to pay off, then refi isn't worth going for. But if you have say 25 years left on 30 years term, and that you owe 100,000 dollars and the new rate would be 1% lower then you will see the savings. In my case, I wait til its at least 2% lower then grab it and refi. I did it 6 weeks too early, damn! Would have wait another 6 weeks to get 2.5% less... oh well ain't refi for another half point!
Y said:oh really, that does sound Good.. thanks
for sharing... i still have same mortgage for years,
but i did try to check for re-finance they told me
it's not worth to go through re-finance/closing
because I would save little bit.. Not much difference.
if I save more than $200 a month, then
it's worth to get a re-finance so thats
why I dropped the whole thing..
I never try deafmortgage.net myself, but maybe
someday I will.
Pretty i'm fuss.. Cannot wait get out this rent home.. *pateince* 