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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceSimple Refinancing Question
Ryan H.'s profile image
Ryan H.'s profile image
Ryan H.
  • Investor
  • from Portland, OR
  • Member since Nov 17, 2014
  • Posts 99
  • Votes 25
  • Experience 5 Yrs
  • Investments 3
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99
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25
Votes
Ryan H.'s profile image
Ryan H.'s profile image
Ryan H.
  • Investor
  • from Portland, OR
  • Member since Nov 17, 2014
  • Posts 99
  • Votes 25
  • Experience 5 Yrs
  • Investments 3
Connect
Ryan H.
  • Investor
  • Portland, OR
25
Votes |
99
Posts
Private Lending & Conventional Mortgage Advice

Simple Refinancing Question

Ryan H.
  • Investor
  • Portland, OR
Posted Aug 3 2020, 18:54

Hi all, I purchased a primary about 18 months ago.  With mortgage interest rates so low, I'm considering refinancing.  When I run the numbers it seems like a no-brainer.  I plan to remain in the property well beyond the break even point (about 3.5 years), the refinance saves me $75 per month. What else should I be considering?

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