Posted on: 10th Aug, 2010 04:42 am
Hi. we have a new home totally green home (solar/goethermal) and we are 9 months into a 30yr fixed at 5.5%. We are considering a refy to 4.375 which included 1pt. My wife previously took a loan against her 401k that is costing us $813 per month. we have about 34k still outstanding on that loan. I am wondering if we should refy, which will lower our monthly to 2,037 from 2,356 now at delta of $319 per month. The refy will cost us about 9k. Or do we not refy take that 9k and pay down the 401k loan.
we r in NY. we are buying down 1 pt and at 4,080 and closing fees of about 4500k
You should definitely at least get another estimate to see if you can get a better offer.
Email Chris Corcia at "chris@myqcfunding.com" and see if his offer would be better.
Best of luck.
[E-mail address deactivated as per forum rules. Thanks]
Email Chris Corcia at "chris@myqcfunding.com" and see if his offer would be better.
Best of luck.
[E-mail address deactivated as per forum rules. Thanks]