Quote:
Originally Posted by Gray_Panther
Refinanced some months ago. 2.45% fixed for 15 year.
Coming down from a 4.875% fixed rate for 30 years.
Funny thing is my monthly payment only went up by $48. My interest used to be 2/3 of the payment and now it is below one third!
Crazy times!
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Yep same here. Payment went up less than $100 going from a 30 to a 15 and I was only 5 years in. It was such a no brainer.