Comments on: Analyzing Current Loan vs. New 15/30 Year Fixed Loan http://money-cake.com/2009/05/analyzing-current-loan-vs-new-1530-year-fixed-loan/ Helping people to improve their personal finance Sat, 19 May 2012 05:16:51 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Patrick http://money-cake.com/2009/05/analyzing-current-loan-vs-new-1530-year-fixed-loan/comment-page-1/#comment-391 Patrick Tue, 26 May 2009 01:40:28 +0000 http://money-cake.com/?p=2005#comment-391 The 30 year was about 4.75% depending on how manay points you want to pay. The 30 year was about 4.75% depending on how manay points you want to pay.

]]> By: JoeTaxpayer http://money-cake.com/2009/05/analyzing-current-loan-vs-new-1530-year-fixed-loan/comment-page-1/#comment-378 JoeTaxpayer Sun, 24 May 2009 23:16:45 +0000 http://money-cake.com/?p=2005#comment-378 15 yr at 4.25 is great, but you don't mention the 30yr rate you considered. If the rates are close, for some the flexibility helps. Make just the minimum payment if there's an issue that month. For others, they have no discipline to make the extra payments year round to get down to 15. Either way, 4.25 is tough to turn down. <abbr><em>JoeTaxpayer´s last blog post..<a href="http://feedproxy.google.com/~r/Joetaxpayer/~3/NwK9yqpLmGo/1348" rel="nofollow">This past week’s blog reading</a></abbr></em> 15 yr at 4.25 is great, but you don’t mention the 30yr rate you considered. If the rates are close, for some the flexibility helps. Make just the minimum payment if there’s an issue that month. For others, they have no discipline to make the extra payments year round to get down to 15. Either way, 4.25 is tough to turn down.

JoeTaxpayer´s last blog post..This past week’s blog reading

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