Retiring with a mortgage

Story date: 2007-10-19 05:56:00
Added on: 2007-10-21 14:00:21

Kansas City Star - You’re now about to retire, the loan’s balance is down to $300,000, and your home is worth $600,000. You could simply refinance that $300,000 back over 30 years. Even if you get the same 6.5 percent rate, that will trim your payment to $1,896. ...


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