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Is refinancing a good "investment" for cash?

- Not underwater on house
- Current rate 4.375
- Have an extra 100k
- Planning to stay in this house at least 2 years

From running the numbers it appears that by doing a cash in refinance I can get a significantly lower interest rate which would break even after 12 months and "saving" 15k by the end of the second year. This essentially a 15% "return" on 100k over two years. Am I missing something or is this a pretty decent place to park 100k for a couple years?

submitted by /u/DamnDirtyHippie
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source https://www.reddit.com/r/RealEstate/comments/knfg0x/is_refinancing_a_good_investment_for_cash/
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