Making the most of your refinance

This is a mortgage tip that would make Dave Ramsey proud. Yes, your refinance is going to lower your monthly payment but that doesn't mean that you HAVE to lower your monthly payment.

PAY EXTRA! At the very least continue to pay what you are paying now. Over the life of the loan you could reduce the total interest you pay by 30% or more and pay it off 6 years earlier or more.

Am I wearing the same shirt that I was wearing when I did my last video? What a loser. Please refer your friends and family, I only have enough money to afford one shirt!