Quote:
Originally Posted by Oleophobic
lol 5 year fixed 2.94% checking in. Signed in February FML
We decided to do at least $15k in prepayments each year to help pay down the principle and reduce overall interest but the total extra interest paid over 5 years vs a rate like 2.25% still amounts to ~$30k  |
So break it. You'll save enough to justify the penalty I suspect.
-Mark