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Unread 2017-01-30, 05:59 PM   #32
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Location: NE KS
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Originally Posted by Scooby24 View Post
Yeah you're right...we talked more about it and are instead going to work towards a 15 year payoff deal. Going to be aggressive for us considering we bought a lot of house, but I think it's doable.
Going to refi to a lower rate or just pay more each month?

We were in a 30 year for 2 or so years, then refi'd to a 15 year at a better rate (our bank did it for a few hundred bucks) and it will save a ton, even at the minimum payments. The difference month to month wasn't as bad as I thought it would be. Going from a $1k deductible to a $2500 on the insurance even kicked the difference down a decent amount - because lets be honest, you aren't going to turn in something less than that anyways.
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