想提前RENEW MORGAGE, 不知合算否? 这样比较合理不?
BALANCE 139213.72:
Rate 4.9%
Rest 2 yr;
PENALTY:2800
Blind Rates without penalty:4.39 (average of 4.9 and 3.89--current)
Lower rates in market:3.69
1. Using blind rates without penalty, the total rates for next 5 yr:
139213.72 X 4.39 X5 =30557.41154
2. Select lower rates from market with penalty
139213.72 X 3.69 X5 =25684.93134 + 2800 =28484.93134
3. Keep the current and renew it two year later:
139213.72 4.9 X2 =13642.94456
139213.72 3.69 X3 =15410.9588 (no gurantee)
Total= 29053.90336
这样一比较, RENEW IT WITH PENALTY IS STILL BETTER THAN OTHERS.RIGHT???
BALANCE 139213.72:
Rate 4.9%
Rest 2 yr;
PENALTY:2800
Blind Rates without penalty:4.39 (average of 4.9 and 3.89--current)
Lower rates in market:3.69
1. Using blind rates without penalty, the total rates for next 5 yr:
139213.72 X 4.39 X5 =30557.41154
2. Select lower rates from market with penalty
139213.72 X 3.69 X5 =25684.93134 + 2800 =28484.93134
3. Keep the current and renew it two year later:
139213.72 4.9 X2 =13642.94456
139213.72 3.69 X3 =15410.9588 (no gurantee)
Total= 29053.90336
这样一比较, RENEW IT WITH PENALTY IS STILL BETTER THAN OTHERS.RIGHT???
