Submitted by batcave007 t3_11ecmbj in personalfinance
alexm2816 t1_jad82yn wrote
You shouldn't refinance if there are fees, payoff provisions, other details that make refinancing more expensive for how you plan to pay the loan off.
innkeeper_77 t1_jad9o4v wrote
Yes. Aside from this there is no reason you can’t just keep paying it off faster even with a refinance. Good loans will not have prepayment penalties.
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