Thread: re-fi again?
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Rick Lee Rick Lee is online now
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Join Date: Jul 2001
Location: Cave Creek, AZ USA
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Ok, I'd still opt for the lowest monthly payment you can get. While you're a landlord, that maximizes cash flow. If you move back into the house, you can pay extra each month. One extra P&I payment per year knocks the last seven years off a 30 yr. mortgage. That's 84 payments. The $200 or so extra we pay each month is nothing compared to that eventual savings.
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Old 08-18-2011, 12:12 PM
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