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Updated about 5 years ago on . Most recent reply

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Andrew Norton
  • Member since Oct 3, 2019
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Andrew Norton
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Private Lending & Conventional Mortgage Advice

Cash out refinance loan

Andrew Norton
Posted

My partner and I have just bought our 3rd property and now are in the stages of refinancing the 2nd. Are we better off to pay higher closing cost to lower the interest rate or vice versa? The numbers are pay 3k in closing to get 3.75% rate, pay 2.5k for 4% or pay 2.1k for a 4.25% rate.

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