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It wasn’t my thread but my three loans recorded today:
1. (home I live in) was 431K 30yr fixed at 3.5% now 417K 30yr fixed at 3.1%, combined cash flow impact of $303/month cost was about $3300
2. was 3.875% 328K 30 yr fixed (investment property), now 1.65% variable 30 year, cash flow impact $391/month cost about $3400
3. was 3.75% 30 yr fixed, now 3.5% 30 yr fixed, $64/month cost about $3300, (also investment property)
in all, locked around July 6th, so 6 weeks, assuming I keep the properties next 15 years, cash flow impact is about 100K
Payback time about 15 months even factoring rates going up on one variable loan.
