Comments on: Should we Refinance?

By: How Much are Closing Costs? | Ultimate Money Blog- Save Green and Live Green!

Fri, 08 Oct 2010 00:08:48 +0000

[...] I mentioned that the closing costs would be around $400 or so. Well, we lucked out. We only have to pay $150, which is actually the loan origination fee. Score! [...]

By: Costs of Refinancing | Save Green and Live Green!

Costs of Refinancing | Save Green and Live Green! — Tue, 09 Jun 2009 00:08:09 +0000

[...] I sat down and calculated exactly how much we’re going to be saving by refinancing our mortgage. Here’s the [...]

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QUESTRADE COUPONS - All Coupons, discounts, promo codes, offers, and reviews — Sun, 31 May 2009 07:44:22 +0000

To me its when you mentioned the closing costs and how cheap they are that convinces me that it is a good idea to go through with it.

Take the plunge. Your wallet will thank you

By: Tiffany

Tiffany — Fri, 29 May 2009 21:12:50 +0000

I was going to say the same exact thing as Kacie. If you are able to save some extra money to be able to snowflake into your debt, it’d be worth it. Plus, the closing costs are CHEAP considering!

By: Kacie

Kacie — Fri, 29 May 2009 02:37:55 +0000

The closing costs are so low that it seems worth it.

I’d be curious to know how this refi would change the total amount of interest you’d pay over the long run, assuming you make no extra payments. It’s probably significant.

Having an extra $130 per month would be nice to put toward debt and should speed up your progress.

But surely the difference between you staying home with children isn’t a measly $130/month. I’m guessing getting debt paid faster is the real thing that would impact your SAHM status.

If your credit scores are dinged, so what? That shouldn’t affect your current debts and by the time you’d want to sell your house, your score would likely recover.