Or you could simply pay an extra $25/month. To see how much you'll save, go to www.bankrate.com.
Before you refinance to a fixed rate, check to see that the interest rate you'll be refinancing to is lower than the one you are paying now.
If you have a lot of credit card debt, then you might consider refinaning anyway. If you add up all your credit cards and current mortgage, and you will save money by consolidatiing them, then it might make sense to send the money saved directly to you mortgage.
Marrying a rich person makes sense too, but only if you love the person.....the divorce could end up costing you more than you saved on your mortgage.
2006-08-02 02:32:30
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answer #1
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answered by amkornele 3
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1) get it refinanced to a fixed rate
2)marry a rich person
3)ignore all other bills and send off all your money to the one loan.
2006-08-02 02:20:42
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answer #2
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answered by Ray M Be (Bay) 3
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