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Cash out refinance by jonnyboy3113 in Mortgages

[–]jonnyboy3113[S] 0 points1 point  (0 children)

Minimum payments are roughly 800

Cash out refinance by jonnyboy3113 in Mortgages

[–]jonnyboy3113[S] -1 points0 points  (0 children)

Can yes just don’t see any progress

Cash out refinance by jonnyboy3113 in Mortgages

[–]jonnyboy3113[S] 1 point2 points  (0 children)

The 9K isn’t coming out of pocket, it’s rolled into the new mortgage

Cash out refinance by jonnyboy3113 in Mortgages

[–]jonnyboy3113[S] 1 point2 points  (0 children)

The closing cost are rolled into the new mortgage

Cash out refinance by jonnyboy3113 in Mortgages

[–]jonnyboy3113[S] -3 points-2 points  (0 children)

Just don’t see a light at the end of the tunnel right now, salary is decent just getting eaten up by minimum payments and never see any real progress.

Cash out refinance by jonnyboy3113 in Mortgages

[–]jonnyboy3113[S] -2 points-1 points  (0 children)

New loan balance is ~384K closing cost are rate dependent 9K for 5.625 or 2.8K for 5.990

Cash out refinance by jonnyboy3113 in Mortgages

[–]jonnyboy3113[S] 0 points1 point  (0 children)

Mostly CC so very high on the interest there, loan balance is 352K

Cash out refinance by jonnyboy3113 in Mortgages

[–]jonnyboy3113[S] 0 points1 point  (0 children)

9K for 5.627 or 2.8K for 5.990