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Updated about 6 years ago on . Most recent reply

Justin Tahilramani's profile image
Justin Tahilramani's profile image
Justin Tahilramani
  • Rental Property Investor
  • from Fayetteville, NC
  • Member since Mar 31, 2014

User Stats

884
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670
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Justin Tahilramani's profile image
Justin Tahilramani's profile image
Justin Tahilramani
  • Rental Property Investor
  • from Fayetteville, NC
  • Member since Mar 31, 2014
Justin Tahilramani
  • Rental Property Investor
  • Fayetteville, NC
670
Votes |
884
Posts
Private Lending & Conventional Mortgage Advice

Opinion on Refinance Tems

Justin Tahilramani
  • Rental Property Investor
  • Fayetteville, NC
Posted

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?

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