What Actually Happened
Rolled over $27k loan with 8.14% interest and $850 GAP, still underwater by $3k
What I wish I knew
"Refinancing with negative equity might not be the best decision"
Advice to Someone Facing This Now
If I could tell you one thing
"Consider waiting until you're closer to being equity-positive before refinancing"
Regret Score
6/10
Significant downsides.
Complicated feelings about the outcome.
Complicated feelings about the outcome.
finance Category Average
?%
of finance decisions share a similar regret distribution. (Coming soon)
Impact
-
Financial and Psychosocial impact distributions for this subset.
Advice for Someone Facing This
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