[quote=ljinvestor]1.5 pts on $407k is $6,105[/quote
I know. I’m totally out of it now. I didn’t get any sleep last night. never mind…
I totally get it.
Why the hell did I think 1pt was .5%. Duh!…Stupid..
Let me think about this.. The only thing I can think of is that essentially it’s reseting your loan again to full 15 years, I wonder if the total loan payment having multiple refi’ed makes it worth while. But I do see TB’s points (no pun intended).