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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (10274)	11/5/2001 9:35:39 PM
From: kodiak_bull	Respond to of 23153

Hey, you bum! (I mean that in the most positive of ways, of course.) bankrate.com I'm not sure how updateable/current this site is. The way I calculate it, in order to replace a 30 year mortgage with a 15 year fixed mortgage rate and lower your monthly payments, you'd have to have been asleep for the past two years. A 15 year 5.5% mortgage on $300K gets you a 2451.25 monthly payment. You'd have to be coming down from a 30 year 9.25% mortgage payment ($2468 on $300K) to pay less per month. But you would have refinanced long before this. Kb