Would you pay off a home mortgage of 200000 if you had the money?

Question by Nassa: Would you pay off a home mortgage of 200000 if you had the money?
The existing mortgage rate is 6.125%. It’s a rental property and the refinance rate is about 4.25% with $ 2-3 thousand in fees. Will sell the home as soon as possible.

Best answer:

Answer by njyogibear
if you are selling the house, you don’t need to refinance.

Give your answer to this question below!