Ditto here Deanna. I hate debt. I actually borrowed a bit from the "Bank of Dad" (great low interest rate there *wink*) so that i could put 20% down upfront and avoid all PMI. Then i refi'd from 30 to 15 the first chance i got.
Monthly payment went up about 200 bucks.....the amount I save in interest though....could be in the ten's of thousands. > Yep, I'm familiar with the 80/20 deal. A friend just did it. But, she > was going to end up paying more that way because her interest rate was > higher on the 20% loan. (Her other option was WHEDA, though, and she > didn't want to be locked in for 10 years.) > > Me? I have more than 50% equity in my house already. (About 56%, > actually.) I'm one of those crazy people that hates debt and does my > best to get rid of it ASAP, though. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Find out how CFTicket can increase your company's customer support efficiency by 100% http://www.houseoffusion.com/banners/view.cfm?bannerid=49 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:143786 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
