Could you?

[JLP]

Re: Could you?

Remember when you refinance that you will have to pay closing costs. Some of them can be huge. Also, if you don't have the cash to pay your closing costs, they will be happy to roll them into the new loan for you. The clincher is that you will be financing them for 30 years. I'd think twice before refinancing.

JLP

[DivaJen]

Re: Could you?

I know - we're not the ones living off of 70% - I was simply musing on what we might do if we had to make that decision.