2032: Is It a Good Time to Refinance Your Mortgage? by Kumiko
Optimal Finance Daily - Financial Independence and Money Advice
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How to Calculate the Break Even Point of a Refinance
The break even point is when it starts making financial sense to refinance and take on the terms of a new mortgage. To determine the break even point, you divide the costs of refinancing by the amount you save every month. That's a wrap for another Friday show. Have a great start to your weekend and I'll be back tomorrow where your optimal life awaits.
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Transcript
