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Refinancing Mortgage Anonymous Mon Oct 12 02:16:52 2020 No.23207528 [Reply] [Original]

Have you guys refinanced during the pandemic?

I'm currently on a 30 year mortgage with 3.375% interest. I talked with my loan person and he said I can go down to a 15 year 2.7% interest loan. It'd be an increase of $150 a month which I can afford.

Have you guys gotten lower rates? Have you had any closing costs / appraisals to be done with the refinancing?

>>	Anonymous Mon Oct 12 02:21:39 2020 No.23207558 >>23207528 >composability Just pay extra on your own and save the processing fee. In fact ask him what the processing fee is and just put that into next months payment. You just saved yourself a few thousand.

>>	Anonymous Mon Oct 12 02:22:57 2020 No.23207564 >>23207528 >white women never

>>	Anonymous Mon Oct 12 02:23:49 2020 No.23207567 >>23207558 I heard if there are closing costs, I could just work it out so it goes with the monthly payments so I don't need to pay out of pocket immediately for closing costs.

Anonymous Mon Oct 12 02:30:12 2020 No.23207622

>>23207528
Just watch the fine print. I attempted to refi an auto loan note last year. Got a lower rate, but they threw in some bullcrap extra charge that would have meant I would have payed more overall apart from principle. Banks can be sneaky man. If you can do it, and it matches with your financial trajectory, I'd say go for it. However, I don't see why you'd go with a lesser term length, considered the TVM=150*(interest you make on investment)^180months

Could also just use a present value formula. This is why I am financing my current automobile, I can invest the extra cash I don't pay, and outpace the interest/snowball growth quicker.

>>	Anonymous Mon Oct 12 02:34:48 2020 No.23207657 >>23207528 The right amount of thicc. White women best race

>>	Anonymous Mon Oct 12 02:37:46 2020 No.23207683 IF you have good credit I would check with some other agents. Just got my closing documents on a 30 year loan 2.25%. After STA reaches $1 I'll pay my mortgage off! But for real, 2.25% is where you should be.

>>	Anonymous Mon Oct 12 02:37:57 2020 No.23207684 >>23207622 True. I mostly want to get rid of the debt as fast as I can. I also understand the school of thought of investing the money in stocks / mutual funds instead as it would give me a better return.

>>	Anonymous Mon Oct 12 02:39:46 2020 No.23207697 >>23207683 Wow that is a really good rate. Which bank did you get that with?

>>	Anonymous Mon Oct 12 02:41:50 2020 No.23207720 >>23207697 Accelerate Mortgage - Pennymac offered me a 3.25 so you gotta shop around, some agents just want extra cash.

>>	Anonymous Mon Oct 12 04:03:17 2020 No.23208519 >>23207528 good god that is a perfect specimen of a women. I have never ever posted on any of these thot posts but goddamn.

>>	Anonymous Mon Oct 12 04:04:57 2020 No.23208545 >>23207683 based STA bro

>>	Anonymous Mon Oct 12 04:25:20 2020 No.23208808 ugnh reminds me of this Russian I banged at a brothel..She wore a swimsuit. I need to make it so I can go there multiple times a week.

>>	Anonymous Mon Oct 12 05:14:42 2020 No.23209378 >>23207528 If I had a house I would sell it and wait for Bonded.Finance. No shit.

>>	Anonymous Mon Oct 12 06:10:47 2020 No.23210002 thats definitely a man

>>	Anonymous Mon Oct 12 06:12:39 2020 No.23210025 >>23208808 >I need to make it so I can go to whore houses you'll never "make it"

Anonymous Mon Oct 12 06:20:21 2020 No.23210112

I've lucked out. UK is about to go into -ve interet rate and my mortgage is on a fully flexible 0.49% tracker (ie base rate plus 0.49%)
If Bank of England rate (who set the rates for all the banks) set the rate to minus a half pc, my mortgage is then interest free, and i can postpone paying it off until the end of the term (17 years form now). If it goes below even more negative, get this, they have to start paying ME, or reducing my principle by an amount each month. I've checke my t&c's and there's no 'collar' on it, meaning they have to abide by however low the rate gets. I'll be being paid to live in my house for free.

>>	Anonymous Mon Oct 12 06:22:19 2020 No.23210135 >>23207528 Big titty whore

>>	Anonymous Mon Oct 12 06:23:43 2020 No.23210153 File: 144 KB, 666x888, 1599899474240.jpg [View same] [iqdb] [saucenao] [google] >>23208545 >>23207683 If you know, you know...

>>	Anonymous Mon Oct 12 06:24:00 2020 No.23210160 >>23208519 This shes really hot >>23207564 If you are not white its the right thing for you >>23207528 Sauce pls 2.7 percent fixed? Sounds ok

>>	Anonymous Mon Oct 12 06:27:07 2020 No.23210183 >>23210160 Found it Erineec

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