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-   -   Refinanced House: Damn Happy! (https://www.offshoreonly.com/forums/general-boating-discussion/33559-refinanced-house-damn-happy.html)

enticer 09-24-2002 08:18 AM

No mortgage payments.....

PhantomChaos....now you can purchase a 3rd boat..:)

jr 09-24-2002 08:36 AM

I just got done with mine about a month ago. I was at 15 years anyway in the loan. My payment went up 260 bucks, but I paid off the truck, and boat. So now I save 550 bucks each month. Not too bad. And I can now write off the interest on the truck too. That thing was costing me as much as my house.

What are you guys paying in interest. I got 5 3/8. Thats alot better than the 7 1/4 I had before. I looked back the paper work on the boat and I was paying 9 1/8. Geez. Young and stupid.

283CHECK 09-24-2002 09:44 AM

Did our investment property about a week ago. Owned it for 3 yrs and apprasied at 70k more than we owed, got $$ out and stayed below 80% so no pmi...oh yah and we aren't payin for it :D Gonna take the $$ and buy another.

Closed on our primary(that's what they called it)yesterday have owned it since Dec. and it appraised for 40k more than we payed. Didn't pull any $$ out and dropped the intrest rate and got out of pmi!!

Nows the time to do it, rates are only gonna go up from here!!


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