Nate and Danielle discuss their reasons for refinancing their house and what it means for the long term. They also talk about their reasons for doing so and what to look out for if you decide to do so as well. Show Notes Reasons to refinance Shorter payoff period Lower total interest charges Cash out of home Original loan: 25…
Tag: mortgage
Podcast
Episode 34: A Tale of Two Mortgages
Nate’s sister just bought a house and was offered two different mortgage options. One has a lower interest rate with a higher closing cost and the other has a higher interest rate with a lower closing cost. Danielle and Nate walk through how they would make a decision on which mortgage to go with. Show Notes My sister is buying…
Podcast
Episode 20: New Year, New Job, New Budget
With a new year upon us, Danielle has a new job and a new salary. In this episode we discuss our process for updating our budget to reflect our new income. Show Notes Increase of about $750 a month New job has a 2% 401K match Old job had a 6% 401K match The Plan Open a Roth IRA and…