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Updated almost 5 years ago,

Andy Wilson's profile image
Andy Wilson's profile image
Andy Wilson
  • Member since Mar 2, 2020
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41
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Andy Wilson's profile image
Andy Wilson's profile image
Andy Wilson
  • Member since Mar 2, 2020
Connect
Andy Wilson
4
Votes |
41
Posts
Buying & Selling Real Estate

15 year fixed vs refi 30 year fixed

Andy Wilson
Posted

Hi BP, 

I had a loan with 3.5% 15 yr fixed loan a year ago, and now is trying to change to 3.375% 30 yr fixed for my primary residential. the closing cost is $2000. This will save me $870/month. I plan to stay at my current home for 3-5 more years and then rent out. Do you think this makes sense? 

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