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Slash
08-05-2003, 07:05 PM
I hate saying WOOT, but it's appropriate here. We closed on our refinance loan at lunch today. It took my 30 year loan to a 20 and saves me $100.00 monthly!!! :wootrock:

JIMINATOR
08-05-2003, 07:08 PM
congrats dude!!

We shifted to a 15 year, it costs some $150 more, but will save us $80K.
That was a couple of months ago...

:jammin:

bet you are glad that is over.

I can't believe all the stack of junk we had to sign...

Slash
08-05-2003, 07:10 PM
Yes there was quite a bit of signing involved- seemed like more than when we closed the original loan. The grand savings is almost $200,000.

JIMINATOR
08-05-2003, 07:12 PM
wow, either you had a really bad mortgage,
or your house is a lot bigger than mine!! :oooo:

Slash
08-05-2003, 07:14 PM
We had a rate of 7.125 and refinanced at 4.75.

FUS1ON
08-05-2003, 07:22 PM
More jingle in the pocket :w00t:

Mr Clean
08-05-2003, 08:30 PM
Originally posted by Slash@Aug 5 2003, 01:14 PM
We had a rate of 7.125 and refinanced at 4.75.
:blink:

How did you get that rate??? I refinanced a little while back and got a 5.75 (we had a 6.75). :bawling:

OUTLAWS Dixie Chick
08-05-2003, 09:36 PM
Ours is 4.25% for 15 years.