Weighing the Decision to Refinance
Sep 22, 2021•18 min•Ep. 30
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
In this episode, Scott & Nikita discuss refinancing.
Often times refinancing is sold as a "no brainer" if you can lower your monthly payment. There are, however, some additional aspects to consider.
Including, but not limited to:
- If you used a first-time home buyers program with special clauses
- What your closing costs on the new loan will be
- How long you want to be in the house
- If you're investing your extra money now or just spending more and extending your loan
If you're evaluating this decision for yourself, these tools may be useful:
For the best experience, listen in Metacast app for iOS or Android