Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago, 05/14/2023
Cash out refi and high yield savings
Hi all, been thinking about this and cant tell if im missing something. If I can refinance at 6.5% and then put that money right into a savings account that gets 4.1%, assuming I keep the money in there, rates stay the same, and closing costs are not significant, does that make my bottom line equal a 2.4% mortgage rate?