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Mortgage Community Forums | Looking for Mortgage again | Jaut Pay off 50K principal or refinance with lower rate

Jaut Pay off 50K principal or refinance with lower rate

Posted on: 05th Oct, 2010 10:55 am
original loan : 100k
rate: 4.625%
balance: 94k
term: 15 year

refinance: 45k
rate: 4.0%
term 15 year
closing cost $350

do pay 50k principal of original loan or refinance with lower rate?

tia
Hi Zaman,

Your query has been replied to in the given page (Check out tfaulhaber1's post):
http://www.mortgagefit.com/refinance/15year-loan-3.html

Take a look at it. Hope it helps you.

Thanks
jameshogg
Posted on: 06th Oct, 2010 12:24 am
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