Borrow Money from 401k to refinance

来源: 于 2010-10-18 20:38:28 [旧帖] [给我悄悄话] 本文已被阅读：次

My currenty loan rate is kind of high. I am doing refinance of it. The 80%
of the appraisol value is about 20K lower than the balance of my current
loan. Is it a right choice to borrow from 401k to pay down the house loan?

My current loan rate is 6.125.
Refinance rate is 4.5
401k loan rate is 3.25
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