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Great decision on your refi. How much was the fee?I refi'd 6 months ago to a 15yr at 3.4% APR. Could have gotten 3.25, but I took the slightly higher APR in exchange for a "lender credit" that offset basically all my closing costs. My monthly payment only increased by about 10%, but I've nearly doubled the amount of each payment that goes to principal. Silver lining of a shitty economy.
Quote from: K-S-U-Wildcats! on February 26, 2012, 02:18:33 PMGreat decision on your refi. How much was the fee?I refi'd 6 months ago to a 15yr at 3.4% APR. Could have gotten 3.25, but I took the slightly higher APR in exchange for a "lender credit" that offset basically all my closing costs. My monthly payment only increased by about 10%, but I've nearly doubled the amount of each payment that goes to principal. Silver lining of a shitty economy.just over $1k for all closing costs.
I've said it before and I'll say it again, K-State fans could have beheaded the entire KU team at midcourt, and K-State fans would be celebrating it this morning. They are the ISIS of Big 12 fanbases.
I wish I was planning on being in my current home for longer. I'd definitely switch to a 15 year.I intend to go with a 15 year on my next house.
Mortgage? Is that with a silent t?