Quote:
Originally Posted by red-beard
Get the 20 year loan, but pay it like a 15 year loan.
My last loan was a 15 year and I'm paying it like a 10 year loan.
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I pay an extra ~$150 a month now. I will keep paying the same amount even if the mortgage goes down $100/month.
Craigster, $800/month??? I am guessing you went back to a full 30 year term? And $7k? Wow!! VA is charging me about $1k plus another $1k in closing fees.
Randy, I do meet criteria 2 and 3. Really thinking about pulling the trigger.
2.99 for 20 or 30, and 2.75 for 15. I still have 21 years remaining. So the latest offer will cut off 1 year and $105 per month.
Thanks guys!