Quote:
Originally Posted by flatbutt
I'm at 5.78 with 18 years left. Worth a re-fi?
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Certainly if you drop to a 15 yr (or even 10 yr) mortgage and drop your interest rates by 1.5% or more...assuming yoou don't have excessive closing costs (say more than $2K).
You could end up with the same payment but paid off 3-8 years earlier.