No way I'd refi or have a HELOC or any other "extra" loan on my house....
You have a great low interest rate.... if you choose to save on your total interest paid -- just pay additional on the principal only when you choose to. That way you don't HAVE to pay anything extra -- or if you want to you can pay one extra payment each year and cut that 30 year to a 20.....
Altria (MO) pays over 5%.... just to pick one super simple investment...
I'd invest in almost anything over paying that mortgage rate down.
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