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Reply to "How much of a drop in interest rates for refinance to be worth it?"
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[quote=Anonymous][quote=Anonymous]So I checked and we would qualify for a 3.25% 30 year VA refi. The VA fees, which are high would be rolled into the loan. Our monthly bill would go down $73.00 a month, we would pay no fees up front, but our loan would now be for $562k, rather than the current $544k. Would save $26k over the life of the loan. Does this sound right? Worth it?[/quote] If you can do a VA IRRRL loan the funding fees are significantly less.[/quote]
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