|This cracked me up!|
I completely busted out laughing.
Working with Quicken has actually been very nice. They gave us the best rate and the customer service has been outstanding!
I am sure you are all waiting with bated breath to know the details!
Loan amount - $196,975
Term - 10 years fixed rate
Interest Rate - 3.25%
Monthly Payment - $2514.91
PMI - $37.75 per month (included in payment)
We decided to roll in the closing costs to help with cash flow right now. Not something I would recommend to everyone, but it is working for us.
The PMI kills me. Literally. I stay up at night thinking about it. There are certain fees that bother me more than others and this is one of them. Our old PMI was $75 per month, so I am beyond excited that it is that much less. Now, we will be done with PMI no later than April 2016.
Our old mortgage was $1703.05, so we are paying $811.86 more per month. Less to debt, but with the option to pay it off in 10 years as opposed to 30 years is just phenomal.
Jumping for joy!