Originally posted by: rdubbz420
I'm no pro, but I wouldn't. That's a great rate you already have. Just double up on payments when you can and if you ever fall on to hard times, that 30 year loan won't kill as bad.
Originally posted by: gordita
excellent advice.
I'm in the same boat as rrahman1 and I just send in extra payments.
though sometimes I do wonder, with all this equity in the house, should an act of god happen and destroy it, what happens then (yes, i do have insurance but the reality of going through insurance companies to get your house rebuilt is another story)........am I better off investing the extra $$$ in an alternative medium or continue paying down the mortgage.....