[Hugh R]

Signing the papers on the Re-Fi in about 1/2 hour. The appraisal came in at $750K which I think is optimistic, the appraiser had a hard time valuing the property since I have 18 acres in an area of one acre and 1/8 acre properties. Considering we bought it for $330K 14 years ago, I feel pretty good. Drops our payments by about $400/month IF we do the ten year note. We're going to plow the savings back into early payoff, like we did the last time we RE-FI'd. Looking at a six year payoff to burn the mortgage. I hope to "retire" in seven years. This will save me about $30K over the life of the loan, at six years, that is like not paying for a new mid-range car.

My total closing costs are $36.63. My credit score wasn't as high as I thought it would be 829 averaged over all three credit rating bureaus.