I just dropped off our streamlined refinance docs…so in less than a month we’ll be closing and reducing our payment by just over $300. I’ll take that, thankyouverymuch.
Yes, it adds some years to our mortgage (we’re at 23 and it goes back to 30), but fingers quadruple crossed we’ll have sold the house WAAAAAAY before then…and if we don’t sell it and have to rent it, hopefully we’ll make a few bucks or break even instead of being in the hole every month. And in the meantime, it will help pay for the new car. 🙂