My Account
Sign up, and you'll be able to ignore users whose posts you don't want to see.
Sign up
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
May 6, 2015
10:04
:28
am
snowbird
So it looks like everyone agrees I should refinance to a 15 yr, anyone know a
good mortgage company?
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
snowbird
Bio page
snowbird
Joined
Nov 1, 2008
Last login
May 8, 2024
Total posts
18,149 (971 FO)
Report problem with this ad
Related Threads
Topic:
Finance people, should I refinance to 15 yr mortgage or max out 401k?
(snowbird, May 6, 2015 at 8:55am)
Messages
Author
Time
So it looks like everyone agrees I should refinance to a 15 yr, anyone know a
snowbird
5/6/15 10:04am
Hi.
mulletYno
5/6/15 10:06am
^^this guy^^
JOPE
5/6/15 10:07am
Your absolutely best option would be to leave the smaller payment of the 30 yr
JamesDean
5/6/15 10:11am
Without more information, this is one of the better answers
Biyamiti
5/6/15 10:13am
Never pay extra principal on your mortgage monthly.
TonyStark
5/6/15 10:17am
Does this also apply to the famous bi-weekly programs? Edited *more info
El Fuego
5/6/15 10:20am
I don't believe ROI is the most important part of paying off your mortgage.
JamesDean
5/6/15 10:20am
Are you in debt if you have the liquid funds to pay off the debt, but
Baron
5/6/15 10:21am
Absolutely. Until that debt is paid, you are in debt.
JamesDean
5/6/15 10:21am
Well I am going to always be in a constant state of debt since I only
Baron
5/6/15 10:24am
um ya
JamesDean
5/6/15 10:41am
It absolutely reduces the interest you pay, it does not reduce your payment howe
johnnybyu
5/6/15 10:31am
I don't get this. I pay $200 extra every month toward principal.
QuickCoug
5/6/15 10:33am
He is wrong. He may be trying to say your payment doesn't change which is corre
johnnybyu
5/6/15 10:34am
Let me explain my position
TonyStark
5/6/15 11:35am
Any amortization calculator would show different from what you're saying.
mulletYno
5/6/15 11:39am
I know, I am being confusing.
TonyStark
5/6/15 11:44am
Can't disagree with that.
mulletYno
5/6/15 11:50am
I agree with this. Your statement that it does not reduce the interest is wrong
johnnybyu
5/6/15 2:02pm
<< Deleted >>
Buffalo
5/6/15 11:41am
You are right.
TonyStark
5/6/15 12:12pm
I think the biggest take away here is, we don't have all the details.
JamesDean
5/6/15 11:43am
I don't disagree with that.
TonyStark
5/6/15 12:09pm
I would add that it would depend on the difference in interest rate going from
db59840
5/6/15 1:28pm
<< Deleted >>
supertux
5/6/15 11:45am
That is 100% false
Biyamiti
5/7/15 6:07pm
<< Deleted >>
Buffalo
5/6/15 11:11am
No kidding. My first thought was I would never want to get a mortgage from a guy
Biyamiti
5/7/15 6:08pm
This is a little lengthly but her is my opinion
Superman21
5/6/15 12:05pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad
