"peace of mind counts too."
Totally agree with this. I refinanced my VA loan a couple years back, and honestly, chasing the absolute lowest rate wasn't worth losing flexibility. Sometimes the best deal isn't just about numbers—it's what fits your situation comfortably.
"chasing the absolute lowest rate wasn't worth losing flexibility."
I get where you're coming from, but I'd caution against undervaluing the numbers too much. Flexibility is great, sure, but refinancing is fundamentally about saving money. I've seen folks prioritize comfort and end up paying thousands extra over the life of their loan. Maybe run a quick calculation—compare total interest paid vs. flexibility gained—and see if that peace of mind is really worth the price tag...
I hear you, but honestly, flexibility can be a lifesaver. A few years back, I refinanced purely chasing the lowest rate and regretted it when unexpected expenses popped up. Sometimes that
really is worth a bit extra in the long run..."peace of mind"
Good point about flexibility... but I'm curious, did you refinance into a shorter term or stick with the same length? I've seen folks jump into a 15-year chasing those low rates, only to realize later that the higher monthly payments can really pinch when life throws curveballs. Sometimes keeping your options open (even if it costs a bit more interest-wise) can save headaches down the road. Just my two cents from seeing it play out with clients...
We actually stuck with the 30-year term when we refinanced even though the 15-year rates were tempting. Glad we did, honestly... had an unexpected job change last year and that lower payment made things way less stressful. Flexibility counts for a lot.
