Refinancing for lower payments
January 23rd, 2009
We thinking about refinancing our house. It is not that our interest rate is bad, and we do not have an ARM loan that is going to spike. We just want to consolidate all our payments into one payment. I did the math and if we remortgage and include our car payments and credit card debt we will save about $400 a month. Now that is really something to consider. I have talked with my current mortgage company, and also have been shopping around a little. I think its time we go ahead and do this. Heck $400 is a lot of money to save each month!
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