But did you re-amoritize back out to 30 years? If yes, you probably should have went to a 15 year, which would have bumped up your payment but would have been great for increasing your equity each month.

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Hawaii (fuck) You

Depends on how long he plans to live there.

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“How do you get to be president and you’re stupid?” Donald J Trump - 4/10/25
When a clown moves into a palace, he doesn't become a king. The palace turns into a circus. - Turkish Proverb

Did you just mansplain mortgages?

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we have only been in the house 3 years at this point. Our equity has gone crazy just from home values in this area doing so. We had them set it up to pay off in 27 years. Part of me thought about doing a 15 year, but with interest rates at basically 2.75% paying extra on principal doesn't seem to be worth it when I can put that money in investments and return 3x my interest at the S&P 500's average rate of return. I think this is maybe the 1 time in history where this makes sense to do it that way as with normal rates I'd say sure go for the lower rate and pay off sooner.

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“When I walked in this morning, and saw the flag was at half mast, I thought 'alright another bureaucrat ate it.'" - Ron Swanson

Nerd.

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"Play until it hurts, then play until it hurts to not play."
http://soundcloud.com/darkside124 HOF 2013, MM Champion 2014

I stopped reading the General Vaccine thread.

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I looked at this about 2 years ago. The refinance was going to cost me $5k in equity. I said no thanks. I'm sure I could shop around and get a better deal now with rates as they are, but I'm only planning on 2 more years here. Not worth it.

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We're looking into a refi, with possible a home equity loan to do some major yard improvements (tree removal, fence, etc). I'm good with the checking and paying all the bills and whatnot, but am terrible at this sort of stuff. Whats the best way to go about it?

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If you trust your lender ask for rates, and they send you paperwork.

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Why are only 14 percent of black CPS 11th-graders proficient in English?

Andy will take care of you.

https://www.lakesidebank.com/andy-karabetsos/

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I’d shop around for heloc rates. We got ours at some credit union I’d never heard of and they were ~150bps inside of some of the others I checked.

Big banks aren’t always competitive on stuff like this so I’d check around a bit. It’s easy enough to google.

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5 years in to a 30 year and would love to drop down to a 15, but when i looked i saw the refi rates are higher than the rate you get for a new 15 yr loan. combined with the fact my 30 year rate is pretty low IMO 3.5%, i havent done shit yet. maybe i call hochberg and become one of his commercials?

We refinanced very early this year and knocked a bit more than half a point off the mortgage. We were only 18 months into our 30yr mortgage but we had a nice chunk down on the house to begin with so they let us take out 30k and roll it into a new mortgage. We took that money and completely refinished our upstairs bathroom and put money down on another big project. Our realtor sent us a link to what our house is "supposedly worth" and it is $70k over what we bought it for without taking into consideration the new bathroom. The bank had to come and reappraise before they refinanced and gave us that other loan so it is working out ok so far. We will likely be here another 10 years and then get out of here. Housing market is a little bananas right now. Obviously a house is only worth what you can get someone to buy it for, but if it is nice and in a decent neighborhood people are in a feeding frenzy and commonly paying well over list.

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Flew too close to the sun on wings of pastrami

It's a really great time to not have a mortgage, or any loan payment of any kind, for that matter. Hopefully, you all will get to this point some day, as well.

I outran a guy on a $5000 Cannondale this morning with this:



It's a poor carpenter that blames his tools.

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General Jim wears Fort Bragg down... to get it!

What did you do to that seat?

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2018
#ExtendLafleur
10 More Wins

I don't know. It's my wife's bike and it's not like she rides it that much. I guess it just wore out.

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General Jim wears Fort Bragg down... to get it!

It kinda makes the lock unnecessary

Circa Stadium pool from our room.

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Hawaii (fuck) You

Does it say special Ed?

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Elections have consequences.

Pretty cool to go to Vegas so you can watch the beach volleyball finals from your hotel room.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

What do you watch from your room at Disney? Outside of Animal Kingdom meh.

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Elections have consequences.

We refinanced last night. Dropped our rate by 1.25% and are saving about $220 a month. PMI will come off in about 8 months.

I designed Hochberg's new house so he did right by us.

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@audioidkid

You mean a world class fireworks show and the killer electric light parade don’t do it for you?!

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Can you place bets right by the pool? That is a pretty sweet set up. I used to go to Vegas a lot but have not been in about 6 years. Don't think the Circa was even there.

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Flew too close to the sun on wings of pastrami

Hopefully the Jumbotron doesn't fall over and electrocute the swimmers.

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You could not get rid of PMI with the refinance in this market? Tell the appraiser to go back and get another $10k in house value!

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Hawaii (fuck) You

Circa just opened in 2020. I am going down this morning, I believe you can place bets at the pool. I will probably use my MGM spirts book app. So much easier.

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Hawaii (fuck) You

Show me a pool you can place bets in and I’ll show you a pool that’s 50% chlorine, 50% urine.

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