In this episode, Scott & Nikita discuss refinancing. Often times refinancing is sold as a "no brainer" if you can lower your monthly payment. There are, however, some additional aspects to consider.Including, but not limited to:If you used a first-time home buyers program with special clausesWhat your closing costs on the new loan will beHow long you want to be in the houseIf you're investing your extra money now or just spending more and extending your loanIf you're evaluating this decision for yourself, these tools may be useful:Loan Comparison Excel TemplateRefinance Comparison Calculator

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