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I'm thinking about refinancing my house.
I've currently got 30 years at 5.375%.
My mortgage company can refinance it for 15 at 4.5%.
I think I'll be in my house at least 5 more years (because I can't afford the style and neighborhoods that I love).
I can afford the closing costs for refinancing.
The payment would increase 100/month over what I'm currently paying - which can be done with some attention to my budget.
Anything I haven't thought about?
I've currently got 30 years at 5.375%.
My mortgage company can refinance it for 15 at 4.5%.
I think I'll be in my house at least 5 more years (because I can't afford the style and neighborhoods that I love).
I can afford the closing costs for refinancing.
The payment would increase 100/month over what I'm currently paying - which can be done with some attention to my budget.
Anything I haven't thought about?
no subject
Date: 2009-07-09 02:09 am (UTC)