Refinancing my 30 yr fixed rate at 4.75% which has 28 yrs remaining to another 30 yr fixed but now at 2.875%. Saving $500 per month on the payment which if I decide to contribute towards principle each month will pay this new loan off in 260 months instead of 360 months. Essentially I’d be cutting 76 months worth of payments off in comparison with my current loan.
I am thrilled! Any other happy, recent refinancing stories out here?
I am thrilled! Any other happy, recent refinancing stories out here?