I currently refinanced my 4.35% 15 year note to a 7 year arm at 3%. We had been paying about $200 extra on the 15 yr note, ( abou

It's hard to be accurate since we have to guess at what your loan amount is, but assuming it's around $175K, you're closer to 10 years for a full payoff if you refinance at a 7/1 ARM paying a total of $1650 - $1700... If you go to my website, www.WilliamAcres.com, there are calculators that can help you figure out your payoff schedule I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

From the way you phrased your question, I can't tell if you are in the middle of the refinance process or just recently did the refinance. Either way, I would be happy to provide you a detailed amortization schedule to help you achieve your plan. Please send me the following information: Amount of New loan; the date your first payment was due; the current balance; confirm the note rate (not the APR) of the new loan. Send it to Bert@LoansA2z.com and I will promptly send you back the information you are seeking in an easy to read format at no cost to you. In the meantime, take care, and I'll keep you in my thoughts and prayers. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

Did you refi yet???