View Single Post
  #3 (permalink)  
Old 02-15-2006, 12:47 PM
Ima saver's Avatar
Ima saver Ima saver is offline
$ Saving College Dept. Head
 
Join Date: Dec 2005
Location: North Georgia
Posts: 7,795

Points: 92614.40
Donate
Default Re: Requesting creative solutions - PMI

Well, ING is paying you $1102 a year in interest. You are paying $2076 a year for PMI. I guess I would withdraw the $29,000 to pay down the loan. I don't know your rate, but figure out how much that will save you in interest per month add that to the $173 a month and deposit that back into your ING account every month.
Reply With Quote