What percent to refinance would be worth it?
- Asked By: MoneyTactics
- Category: Refinance
My husband says we could maybe save money if we’d refinance our house. We currently pay 8% on our loan which is a fixed rate. Isn’t there closing costs involved when you refinance at a lower rate? Would it really be worth it?? Since we’d have to shell out money to do it? We’re not financial savvy. If anyone could please advise if this is a good or bad idea. Thank you in advance.
My husband says we could maybe save money if we’d refinance our house. We currently pay 8% on our loan which is a fixed rate. Isn’t there closing costs involved when you refinance at a lower rate? Would it really be worth it?? Since we’d have to shell out money to do it? We’re not financial savvy. If anyone could please advise if this is a good or bad idea. Thank you in advance.
Other Questions
- Can I itemize my mortgage interest paid in my taxes?
- Do mortgage lenders pull credit reports multiple times during the refinance process?
- how do they calculate the mortgage payment with interest?
- How long after a foreclosure is there an auction?
- If mortgage tax & interest forms are only in my name but multiple owners can they file my forms under thir nam?
Categories
Recent Search Terms
- can you deduct mortgage interest from rental property income as an expense
- 349000 mortgage
- low fico score va home loans
- what does refinancing a car mean
- is it dumb to keep on double paying mortgage payment
- how long do you have to own your house before you can refinance
- get mortgage credit score 660
- how much intrest can i expect with a 660 credit score
- mortgage interest deduction phase out calculator
- old vs new road bike
Tags
Mortgage Calculator
Search
Login
