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Company Loan Type APR Est. Pmt.
Mortgage Community Forums | Looking for Mortgage again | refinance

refinance

Posted on: 27th Jan, 2011 07:57 pm
ihave a little over 6 years left on my house at 5.75 interest rate. i can refinance at 4.5 with five years, and paying 100.00 a month more. should i refinance?
Hi gggsscc,

If you plan to live in the property for around 3-4 years, then it will be a good option to refinance the mortgage at a lower rate and for a term period of 5 years.

Thanks
jameshogg
Posted on: 27th Jan, 2011 10:56 pm
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