@dylanmullan: 🚫 Refinancing isn’t always as it seems…

dylanmullan
dylanmullan
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Region: AU
Thursday 09 May 2024 10:56:04 GMT
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mybackhurtsim28
Yehnahnahyeh :
Anyone smart enough knows that you refinance at the same term 5 years left you refinance over 25 years your 1-2% rate cut will still save you money!
2024-05-10 01:58:38
81
liam.wines
Liam Wines :
what lol you don't refinance again at 30 years 😂
2024-06-10 04:21:00
1
dm_666
😈Dan The Man Racing😈 :
Not if you keep the same amount of years left to go
2024-07-03 10:14:16
1
howlingbells
howlingbells :
just refinance for 25 years bro... 🥱
2024-07-17 04:31:44
1
thanasi_91
thanasi_91 :
You don’t have to extend your mortgage term you can leave it at the term you refinanced at 25 years
2024-06-06 09:56:09
1
curlystyles77
curlystyles77 :
yip I fell for that bout 10 years ago
2024-05-22 07:50:41
1
therandypanda
Alex Pisani :
Orrrrrrr you don’t increase the loan term….
2024-07-24 11:22:41
1
jasooni10
Jasooniiiiiii :
Pay it off earlier ?
2024-07-31 02:56:40
1
izaac_camo
Izaac Cameron :
not if you refinance for the remaining loan term I.e 5 years into the loan refinance the new loan for 25yrs
2024-05-13 19:59:27
1
petegordon1
Pete Gordon :
Does this still apply if your making additional payments ?
2024-05-13 14:11:14
1
pcb2.0
pcb2.0 :
Can we refinance the mortgage make it shorter? I got 250K equity and 25 years to pay it off. Can I shrink it to 10 years?
2024-06-09 08:48:26
5
theaccountant28
The Accountant :
Well this is just wrong - you refinance for the existing term at a lower rate ..
2024-05-10 03:22:36
7
user2660829012
Jacob :
it's harder to extend loan terms now. Best Interest Duties mean the broker or bank needs to demonstrate benefit before you can get these deals done.
2024-05-13 07:26:57
5
johnboogie86
John B :
You refinance to get access to the equity in your property NOT to save money. You then use that equity to buy again.
2024-05-31 11:31:09
4
usernamenotfound991.6
whatyougonnadoaboutit :
Sorta thing a renter would say to keep them happy about paying for someone else’s mortgage
2024-05-13 14:41:47
1
garthcampton
Garth Campton :
But it improves cash flow so u can invest more and earlier.. compounding ur investments.. but if u don’t invest the extra cash it’s just a waste of
2024-07-12 00:23:06
2
aaronbrewerbroker
Perth Mortgage Broker :
Yeah you don’t have to refinance for 30 years again just refi for the same term as current 🥰🤝
2024-05-10 04:12:58
16
usernamenotfound991.6
whatyougonnadoaboutit :
Bet this guy doesn’t even have a home loan
2024-05-13 14:41:28
2
damnthatsadam
damnthatsadam :
pretty obvious but its what you prefer mire short term or less long term
2024-05-09 11:15:52
1
persistence001
persistance001 :
so then what do you suggest if not to refinance?
2024-05-12 14:43:06
0
crystal.line.marking
Crystal Line Marking :
You pay most of interest in the first 10 years
2024-05-24 07:30:00
0
bluechip.property
Bluechip Property :
It may be wise to just refi for the exact same term as what it is currently
2025-04-16 21:56:02
0
slacca2022
Slacca2022 :
Bro hasn’t heard about keeping your loan term, god help us
2024-05-11 02:01:21
2
mason_burton
Mason Burton :
@Marisa Alma
2024-07-08 07:43:07
1
bigboykeyboard
Jack :
Every time I see this guy he’s always spouting absolute nonsense
2024-05-11 13:26:16
1
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