Quote:
Originally Posted by billchrz
Mortgage - Currently owe 227000 @6.75 (closing on our refi at 5.375 next week)
After the CC is paid off is our next step to save more for an emergency fund, open Roth IRAs for both of us, pay down the car loan, or pay down the mortgage until 80%LTV to remove PMI?
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Make sure that when you sign the refi paperwork that they read once you hit the 80% mark they will drop the PMi automatically, I have had family that they had to refinance to get the PMI off. How much $ would you have to come up with to bring the Loan to the 80%.