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 Refinace my old house, Information needed

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rico_hard82
post Aug 14 2008, 01:36 PM

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QUOTE(JREnterprise @ Aug 14 2008, 12:10 PM)
Bro, if in this case, how much u recommend the amount should be refinance based on my situation and current income? 200K or lesser?
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what is the price of your second house?
rico_hard82
post Aug 15 2008, 04:40 PM

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its better you refinancing to settle your debt such as car loan or personal loan

if you still insist to buy a 2nd house
you should refinances just enough for settle you car loan, other debt, deposit for the 2nd house & legal fees
then you only left one loan that need to worried.

then you can think to take other house for you 2nd house
but dont think its possible if you want to take loan more than 160k


just my opinion

 

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