Re: Refinance to consolidate debt?
We really haven't made of our minds yet, I'm having a hard time with this. We have been so careful with our finances through the years. I've been tracking every penny on Quicken for almost fifteen years now. I think I'm just tired, I write the checks every month to this debt and feel like I'm working for nothing. We have put our lives on hold, was in the middle of remodeling a bathroom and stopped, need a new fence and haven't replaced it yet. We don't spent any extra, just pay on the debt. Before we paid everything as we went, new fence no problem, we would just put aside the money for a couple of month and get it. We paid cash for everything so being in debt for $15,000 is just overwhelming after years of being careful.
I do plan to work the extra 2 jobs for at least another year either way. I worry that interest rate will go up and if I refinance then I start over from their with a 15 year note. Even if I pay extra as planned to make it a 12 year actually that would make use paying 13 years from now.
See I analyis every detail, it's driving me crazy!
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