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Updated over 4 years ago, 05/02/2020
Offered 2.8% 30 year fixed Refi - Thoughts?
Opinion on re-finance terms:
Im currently at 3.625% with about 26 years left on a 30 year fixed.
I was offered 2.8% 30 year fixed on a VA IRRRL refinance. Loan would re-set to 30 years, but principle and interest would be reduced by about $275/month.
Original loan was 354k - refinance would be for 327k+ .05% VA funding fee.
Thoughts?