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Is the streamline refinance on a FHA loan worth doing I have an intrest rate at 5.75 on 195000.00 at 30 years?

Written By: admin on August 1, 2009 One Comment

How much would I save a month? And does anyone know the rates.

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One Response to “Is the streamline refinance on a FHA loan worth doing I have an intrest rate at 5.75 on 195000.00 at 30 years?”

  1. jlf on: 1 August 2009 at 7:20 pm

    It depends on what new interest rate you can get and what the refi costs are. Find out those and you’ll know how long it will take you to recapture the cost. Then question yourself if you plot to keep the house that long.

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