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Company Loan Type APR Est. Pmt.

Re-finance with an upside down home value?

Posted on: 11th Dec, 2010 07:19 am
I am paying about $730 month on a mortgage of $92,000 and with the market --the property is valued about $72,000 - i am at a 20 yr fixed rate of 5.78%.

I have an opportunity to go to a 4.1% for 15 years but my payment will be only $717 month and about 3500 in closing costs?

If it worth it to re-finance?

[size=9:1f75340512][color=Red:1f75340512][Email address deleted as per forum rules. Thanks.][/color:1f75340512][/size:1f75340512]
Posted on: 13th Dec, 2010 12:14 am
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