Our house is a very, very, very fine house
With two cats in the yard…
— CSNY

Well, we signed the (bazillion) papers to refinance our house today.

Previously:

• First mortgage, in 1999, was for 30 year, high 7% interest. Yeah, paid off target in 2029.
• Refinanced in 2004, 15 year mortgage at some 5.x% interest. OK, paid off target in 2019. Shaved a decade off the old mortgage (with lower payments)
• Today: Five year mortgage at 2.357%; the monthly payment is ~$300 less than the current (15-year) payment. Score! Target payoff in 2018.

Refinancing – or any bank stuff – is, to the non-bank people (me), odd and frustrating,

At the end of the day, I’m totally glad we refinanced.