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Unread 2017-01-30, 07:38 PM   #33
Scooby24
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Join Date: May 2004
Location: Olathe
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Quote:
Originally Posted by 69Mach351 View Post
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.
Pay more each month. Going to get somewhat aggressive on car payments and as soon as they are paid down, roll that into the mortgage payment which, if my math is right, will get us close to 15 years starting today.
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