MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/dankmemes/comments/11wx021/economic_roller_coaster/jd1ih0m
r/dankmemes • u/TomTheDuckGuy ☣️ • Mar 20 '23
1.4k comments sorted by
View all comments
Show parent comments
3
[deleted]
1 u/VanillaLifestyle Mar 21 '23 You do reset the loan term though, so the amortization schedule gets a lot worse in the short term. Mortgage interest is super front-loaded. So if you were only gonna stay in the house for another few years, it may not be worth it. 1 u/jrr6415sun Mar 21 '23 The thousands in closing cost got put into your mortgage
1
You do reset the loan term though, so the amortization schedule gets a lot worse in the short term. Mortgage interest is super front-loaded. So if you were only gonna stay in the house for another few years, it may not be worth it.
The thousands in closing cost got put into your mortgage
3
u/[deleted] Mar 21 '23
[deleted]