So your profit will be based on principle pay down and market appreciation. 

If they don't waive it, I am going to make a big stink about it, mostly out of principle.

@Tom Gimer  My clients would object to giving it to the lender as a matter of principle, even if there is nothing to hide. 

Not only are you saving money on what you would be paying in rent; but your tenants are paying some of your principle, you're gaining equity (hopefully), and you have some tax breaks to boot. 

Home appreciation (they assumed 5% a year) and principle pay down.

If you would like, we can analyze both scenarios by knowing the amount of cash you will net from your refinance, the amount of your current mortgage payment (principle and interest only...no taxes and insurance please), the amount of time remaining on the current mortgage, the loan amount of the new mortgage, and the amount remaining on the car loans themselves and the payment of those loans. 

There is a list of lenders built into the forums here.Points charged by the lender are a percentage of the loan amount that is either charged or added to the principle.

I get the principle of it but at the end of the day standing on principle may not get the property 

The payment is 1028 a month and 839 I believe is principle.

I am looking for deals as a principle.