Refinance Your Home (1 Viewer)

El Caliente

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Rates are near an all time low.

 

Rickboy

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I guess it’s time for me to get this done. I’m at slightly higher than 4%. Maybe I’ll move to a 15 or 20 yr loan.
 
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I guess it’s time for me to get this done. I’m at slightly higher than 4%. Maybe I’ll move to a 15 or 20 yr loan.

I wasn't going to do it at first but with the pandemic and real unknowns we are facing, extra $400/mo in cash flow is super important. Typically, I suggest people do the longest term, but pay it out as if it is a shorter term. That way if stuff hits the fan you have a lower required monthly payment...
 

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