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October 20, 2014

October 20, 2014

Posted by **Anonymous** on Thursday, October 24, 2013 at 12:32am.

- Finance -
**Steve**, Thursday, October 24, 2013 at 4:33am120 monthly payments = $240,000

That leaves $60,000 yet to be paid

$60,000 at 9% = $60,000 + 5,400 in interest total $65,400

$60,000 at 6% = $3,600 in interest or $63,600 then add the fee and the total is $$67,600

9% = $65,400

6% = $67,600

You would lose $2,200 if you refinanced.

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