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Detached Member
Join Date: May 2003
Location: southern California
Posts: 26,964
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Last year, I re-fied what was left of my 15 (7 years) from 4.625% to 3.5% and ten years (least I could get). I'm taking the extra $500 per month and plowing it back monthly to pay it off in 7 or less. I'll save another $50K in interest that I won't be paying someone else. If you re-fi with more years, you'll screw yourself in the long run.
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Hugh
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