Quote:
Originally Posted by fotze
What did they say the penalty is, it should not be very high that close to the end. Get the exact payout penalty. I have absolutely no doubt they have room to move.
Calcyulate the diference of what 4.35 and 4.29 is in payments over 5 years plus the delta in principle you will pay at the better rate, then compare that to the penalty (and possible lawyers fees).
If the penalty is < than the rate differential between the competing mortgage tell firstline to go fata their hat even if it is 1 dollar.
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What do you mean by "delta in principle"?