Question by newgrampa: Is it worth refinancing your mortgage for only 1% interest drop?
After 25 years same location, I am considering refinancing thru the same lender. I will save $ 300 per month, but extending loan out to 30 yrs. – I will be 88 years old if I never pay extra on the loan….That will be interesting!, lol
Answer by Iffy
No unless there are zero closing costs
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