Spend 3k to save 46k
Tuesday, June 28, 2011Met with my bank today to refinance the house. If everything goes through (and looking like it will), I’ll have a 15 year mortgage instead of a 30, and 4.25% interest instead of 6.00%. My payments will go up about $100 / month, but that’s ok in the scheme of things. Much better to spend a little more, get out of debt earlier, and save quite a bit of cash at the same time!
