After we paid off some credit card debt and started to earn more money, we wondered if we could refinance to save on our monthly payment. Luckily, our persistence in lowering our debt-to-income ratio paid off, literally: We just closed on our new, refinanced mortgage, and our house payment will soon be around $1,550.
While we were technically locked into our interest rate with the first loan, I didn't realize another company could buy and pay off that loan, offering us a much better rate based on our financial state and the state of the market. It's cheaper now for a few reasons: With our new loan, we'll have more equity in our house. We also got a lower PMI because our credit score is better and our debt-to-income ratio is a lot less than when we initially bought the house.I was shocked when our house was appraised for $306,000 — so much so I thought maybe we should put our house on the market to make some fast cash! Our loan officer quickly explained that what a home appraises for isn't necessarily what it will sell for.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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