We just refinanced - first new payment due on Oct 1... We found a great rate at 2.75% on a 10 year note coming out of the first half of a 15 year note at 4.875%. Even after pulling some cash for home repairs and such our payments are $100/month lower!

Most calculators will do amortization calculations - run the numbers, you'll know if it makes sense.

Scott
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Scott

My HT