Posted on: 12th Sep, 2010 02:45 pm
if I REFINACE for 10,000 and the morgage payment is 1500 a month how much more would the monthly payment go up.
hi dcatano,
you haven't mentioned the interest rate that you'll be receiving from your lender. as the rates are going low, after refinance your monthly payments can go down. you can use the given calculator in order to find out your interest savings through refinance:
http://www.mortgagefit.com/calculators/refinance.html
you haven't mentioned the interest rate that you'll be receiving from your lender. as the rates are going low, after refinance your monthly payments can go down. you can use the given calculator in order to find out your interest savings through refinance:
http://www.mortgagefit.com/calculators/refinance.html
Please provide us with the details of your scenario.