Originally Posted by helinut
We've considered doing a refi since we are at 6.25% but we are also thinking of selling in a year or two. The refi wouldn't pay out unless we were sticking around for another 3 years. They want upwards of $4k for the paperwork.
Thanks for the info. I appreciate it.
Now that I think about it though, we have lender paid mortgage insurance built in to the loan. So to get rid of it, we'd have to refi. Well heck. The somewhat nice thing is we could switch it to a 15 year and only pay $200 more a month. Hmm...