[quote=Coronita]except he doesn’t sound like he really needs the money now, and he could shoot himself in the foot of he needs access to more money beyond just 3 months. [/quote]
Using the numbers I roughed in above, it would take him 2.5 years just to get a single dollar ahead with your method.
Just a single dollar. And that’s if he gets to skip a payment when doing the refinance.
