You have paid 5 years, if you refi for another 10 years

来源: 于 2010-08-11 21:35:27 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

That means you need to pay 15 years. So you will pay more in the total during 15 years than the total that you stay in your old mortgage for just 10 years. You may need to use a spreadsheet to calculate the total costs for the old mortgage and the new refin + the past 5 years payments.