Comments on: Costs of Refinancing http://ultimatemoneyblog.com/costs-of-refinancing Wed, 08 May 2013 13:26:47 -0700 hourly 1 http://wordpress.org/?v=3.0.1 By: Finishing up the Refinance | Save Green and Live Green! http://ultimatemoneyblog.com/costs-of-refinancing/comment-page-1#comment-10309 Finishing up the Refinance | Save Green and Live Green! Thu, 11 Jun 2009 23:45:46 +0000 http://ultimatemoneyblog.com/costs-of-refinancing#comment-10309 [...] know you are probably sick of hearing about the refinance of our house. I promise, this will be the last post (in awhile, at least) about it. We have signed the documents [...] [...] know you are probably sick of hearing about the refinance of our house. I promise, this will be the last post (in awhile, at least) about it. We have signed the documents [...]

]]> By: Mrs Money http://ultimatemoneyblog.com/costs-of-refinancing/comment-page-1#comment-10308 Mrs Money Thu, 11 Jun 2009 23:30:09 +0000 http://ultimatemoneyblog.com/costs-of-refinancing#comment-10308 Kacie- We could have picked our term and it would have been the same rate. We'd pay it off faster, but I prefer having the extra cash flow so that we can pay off debt and make the possibility of me being a SAHM a reality when the time comes! I am sure we will pay it off sooner than that, but I like knowing I only have to pay around $1000 a month. JamesD- You're welcome! Miss M- I'm so sorry :( I live in a pretty inexpensive area of the country. The relatively low cost of living was one of the reasons we moved out here. I don't love living here, but it's comfortable, and we can afford to have our own house here. Kacie- We could have picked our term and it would have been the same rate. We’d pay it off faster, but I prefer having the extra cash flow so that we can pay off debt and make the possibility of me being a SAHM a reality when the time comes! I am sure we will pay it off sooner than that, but I like knowing I only have to pay around $1000 a month.

JamesD- You’re welcome!

Miss M- I’m so sorry :( I live in a pretty inexpensive area of the country. The relatively low cost of living was one of the reasons we moved out here. I don’t love living here, but it’s comfortable, and we can afford to have our own house here.

]]> By: Miss M http://ultimatemoneyblog.com/costs-of-refinancing/comment-page-1#comment-10304 Miss M Thu, 11 Jun 2009 19:57:53 +0000 http://ultimatemoneyblog.com/costs-of-refinancing#comment-10304 I want to cry when I read numbers like that, my mortgage is much much higher. Plus I have no hope of refinancing. But we're not as bad off as some of our friends, one couple is paying $4000/mo currently on an interest only arm! I wonder if they're going to be able to hold on, they think they can do it but I'm not convinced. I want to cry when I read numbers like that, my mortgage is much much higher. Plus I have no hope of refinancing. But we’re not as bad off as some of our friends, one couple is paying $4000/mo currently on an interest only arm! I wonder if they’re going to be able to hold on, they think they can do it but I’m not convinced.

]]> By: JamesD http://ultimatemoneyblog.com/costs-of-refinancing/comment-page-1#comment-10302 JamesD Thu, 11 Jun 2009 16:17:42 +0000 http://ultimatemoneyblog.com/costs-of-refinancing#comment-10302 Thanks for the useful info. It's so interesting Thanks for the useful info. It’s so interesting

]]> By: Kacie http://ultimatemoneyblog.com/costs-of-refinancing/comment-page-1#comment-10227 Kacie Tue, 09 Jun 2009 02:53:02 +0000 http://ultimatemoneyblog.com/costs-of-refinancing#comment-10227 Way to go! $21k is nothing to sneeze at -- the refi is totally worth it! Have you looked at the numbers for a 15 or 20-year mortgage? Or would you prefer to maintain the better cash flow month to month? Way to go! $21k is nothing to sneeze at — the refi is totally worth it!

Have you looked at the numbers for a 15 or 20-year mortgage? Or would you prefer to maintain the better cash flow month to month?

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