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Free minder
Join Date: Nov 2001
Location: Middlessex county, MA
Posts: 9,422
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Quote:
Originally Posted by widebody911
My g/f is @ 8 1/2%, but refuses to refi because she doesn't know how long she'll be staying in here house  |
Tell her that going from 8.5% to 5% would save her $232/month per $100k of balance. At that rate, the time to break even is less than a year. The question is, do you want her to move into your house? If that is the case, do not tell her that  .
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1978 SC Targa, DC15 cams, 9.3:1 cr, backdated heat, sport exhaust https://1978sctarga.car.blog/
2014 Cayenne platinum edition
2008 Benz C300 (wife’s)
2010 Honda Civic LX (daughter’s)
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