Current mortgage is 335,000 at 6.75%. IRRRL I’m being offered is going to be 341,000 at 5.25%. Nothing is out of pocket there’s 5.6k in closing costs (3.6k origination fee and the rest is title and taxes) and 1.7k for the VA funding fee rolled into the loan. Is this a good deal or should I wait for rates to drop more?
Is this a good IRRRL deal?
byu/Trainer_Traditional inMilitaryFinance
Posted by Trainer_Traditional