Question: We are going to refinance house for 50 thousand dollars at 7.24 percent, what would payments be.?

(Posted by: bnewhouse98 on 2010-02-28 10:07:36)

Posted by: !!! on 2010-02-28, 19:02:42

The lender would have that info.

Posted by: Deevil on 2010-02-28, 10:18:56

Www.mortgage101.com/ refinance-calculator

Posted by: Smiling on 2010-02-28, 10:58:24

Why would you do that? this interest rate is horrible.

Posted by: keith f on 2010-02-28, 11:05:59

Depending on taxes and insurance, lets say $1000 each per year payment around $500-$600, but ya thats a huge int. rate. rates in MI. right now are around 3 1/ 2 - 4%

Posted by: Omer A on 2010-03-01, 10:55:02

It depends on a few things : insurance, tax and time period. You should me more specific about these.