2020 wasn’t the best year for many things but it was a great year for mortgage interest rates. You mortgage interest rate probably isn’t something you think about daily but it matters, a lot.
If you have a 4% interest rate on a $200,000 mortgage, you will pay $143,739 in interest. With a rate of 2.75%, you’ll pay $93,934. That’s a savings of $49,805! That’s not considering paying any extra, just the regular payments you make.
The good news is that no matter when you bought, you can get some of the lowest rates we’ve ever seen right now! For most buyers that is around 2.2-2.95% depending on your loan.
Put those savings into a retirement account every month and you can retire with an extra $195,630.63 (but that’s a post for another day).
Refinancing can sound overwhelming and confusing but it’s really pretty simple. You basically go through the same process you went through initially when you first purchased your home. I’m going to walk you through it step by step.
Step 1 – Should You Refinance?
Refinancing doesn’t make sense for every person. Refinancing will cost you several thousand dollars (which can be added onto your total loan amount and not paid upfront), so based on how much you owe, your current interest rate, and how much time is left in your mortgage it may not be worth it. This is the calculator I recommend using to see what makes sense for you.
Things to consider:
- How long do you plan to stay in your home? For me, it will take almost 2 years for the savings to be more than the cost of refinancing. I plan to live here for at least that long so it’s no issue for me.
- Will you qualify to refinance? This will take into account how much the home is worth, your income, and your credit score. Being able to make monthly payments on your current mortgage does not guarantee you’ll qualify for it again.
Side note: I personally do not recommend cashing out equity when you refinance to pay off other consumer debt. Credit Cards are unsecured debt, meaning if you don’t pay them you get sent to collections and have to deal with calls and letters but that’s the extent of it. They will keep hounding you but not take anything from you. A home loan is secured debt, if you fail to pay you lose your house. So while you are moving the debt to a lower interest rate, you are really making it more costly for you if something happens and you can’t pay.
Step 2 – Pick Your Mortgage Length
To see the most dramatic decrease in monthly payment, you’ll want to stick with a 30 year mortgage. This also results in paying the most interest. For another option, you can ask your loan officer to match your current mortgage length. So, if you have 25 years left on your mortgage, ask to refinance with a 25 year mortgage.
Today only, head over to Fossil.com and get up to 70% off select Wallets, Watches, Bags and Jewelry! This is a flash sale that ends tonight.
Plus, all orders ship for FREE!
Here are some of the deals you can get:
Star Two-Tone Stainless Steel Bracelet – $11.40 (reg. $38)
Stainless Steel Pendant Necklace – $13.20 (reg. $44)
Round Sunglasses – $13.50 (reg. $45)
Allen RFID Trifold Wallet – $16.20 (reg. $54)
Save money shopping and save time on meal planning with these meal ideas!
Here are some meal ideas that are based on the sales that are starting Wednesday, 1/20 (or Thursday, 1/21) at Publix. Look through the Publix weekly ad to see all the deals.
Meal Plan Ideas:
Grilled Chicken & Hummus Pitas
- Publix – GreenWise Boneless Skinless Chicken Breast, B1G1 at $7.99 ($3.99) lb
- Publix – Joseph’s Pita Bread, 8 oz, B1G1 at $2.99 ($1.49)
- Publix – Lantana Hummus, 10 oz, B1G1 at $4.59 ($2.29)
- Publix – Chobani Greek Yogurt or Oat Milk Yogurt, 24-32 oz, B1G1 at $5.99 ($2.99)
-$1.25 off Chobani Complete Multi-Serve, 24 oz, Ibotta mobile app
(makes it $1.74)
Bacon-Wrapped Meatballs
Roasted Brussels Sprouts
- Publix – Cooked Perfect Meatballs 18-32 oz or Fire Grilled Chunks, 12 oz, B1G1 at $9.68 ($4.83)
- Publix – Sticky Fingers Smokehouse Barbecue Sauce, 18 oz, B1G1 at $3.29 ($1.64)
- Publix – Jimmy Dean Bacon, 16 oz, $5
- Publix – Brussels Sprouts, $2.50
Slow Cooker Pork Tenderloin
Yukon Gold Mashed Potatoes
Side Salad
- Publix – Smithfield Pork Tenderloin, 18.4 oz, B1G1 at $9.99 ($4.99)
- Publix – College Inn Broth or Stock, 32 oz, $2
-$1/3 College Inn Broth or Stock cartons, 32 oz printable
(makes it $1.67) - Publix – Publix Gold Potatoes, 5 lb, $3.49
- Publix – Publix Sweet Cream Butter, 16 oz, $3.33
- Publix – Publix Premium Salad Kit, 7-8.75 oz, $3
Take a look at the CVS store coupons they are giving out this week. It always helps me to know what is coming at the Coupon Center.
Always stop at the CVS coupon center first before shopping! To get even more coupons from CVS, make sure you are signed up for their emails and for the CVS Beauty Club. Also, download the CVS app for “app only” coupons.
Here are some coupons people are reporting this week (you won’t get everything listed, but you’ll get some of them.)
New This Week:
$3 off Advil Dual Action, Powerful Pain Relief 36-ct+
$5 off Almay Cosmetics purchase of $20
$5 off Baby Care products purchase of $30
$1 off Beverages in the cooler purchase of $5, incl water, energy drinks, tea, juices, soda
$3 off Bulldog Men’s Body Wash
$5 off CeraVe Facial Care, excl trial
B5G2 Checkout Candy or Gum Singles
$1 off Cheerios or Oat Crunch, Cascadian, Fiber 1, Wheaties, Nature Valley Granola, or Chex Cereal
$4 off Colgate Toothpaste, Mouthwash, or Toothbrushes purchase of $16
$7 off Cosmetics purchase of $35
$4 off Crest or Scope or Oral-B Toothpaste, Toothbrush, Rinse or Floss purchase of $20
$3 off CVS Eye or ear care purchase of $8
$4 off CVS Health First Aid products and treatments purchase of $14
$5 off CVS Health Fluticasone or Triamcinolone purchase of $18
$2 off CVS Health Oral Care purchase of $10
$3 off CVS Health pain relieving creams, muscle rubs, ointments or patches purchase of $5
$2 off CVS Health Probiotic, Heartburn or Stomach Remedy
$4 off CVS Health Teeth Whitening Kit or Treatment purchase of $20
$3 off CVS Health Vitamins & Supplements purchase of $7
$3/2 Dove Shampoo, Conditioner, or Styling (excludes trial sizes)
$2 off Eucerin or Aquaphor Baby Cream, Lotion, Wash or Shampoo
$2 off Eucerin or Aquaphor Hand & Body Lotion or Spray purchase of $6
$3 off Eye or Ear Care Purchase purchase of $18
$2 off Frozen Meal or Pizza purchase of $8
$6 off Garnier Facial Care purchase of $25
$2 off Garnier Micellar Cleansing Water
$1.50 off Gold Emblem & Abound Nuts, Trail Mix or Salty Snacks, $3.99+
$1 off Gold Emblem and Abound Applesauce Pouches, Single Breakfast Bars, or Macaroni and Cheese purchase of $3
20% off GSQ by Glamsquad Beauty Tools and Accessories
$3/2 Hallmark Cards
$3 off Hand & Body & Body Lotion purchase of $10
$3.50 off Hand & Body Lotion purchase of $15
$3 off Hershey’s or Reese’s, OR Kit Kat Big Bags, 16-40 oz, purchase of $15
$5 off L’Oreal Moisturizers
$2 off Listerine mouthwash, chewable tablets, floss, or pocketpaks purchase of $8
$1 off Listerine Ready! Tabs Chewable Tablets
$1 off Live Better by CVS Health Oral Care, incl Toothpaste and Toothbrushes
$2 off Mouthwash purchase of $12
$5 off Nexxus Hair Care products, excl sachets & trial
$8 off Nexxus Hair Care purchase of $30
$3 off Pampers Diapers purchase of $15
$5 off Pantene Hair Care purchase of $25
$1 off Pop-Arazzi Facial Wipes and Masks
$5 off Revlon Beauty Tools purchase of $10, for brows, eyes, hands & feet
$5 off Revlon Cosmetics purchase of $20, excl Beauty Tools
$3 off Schick razor cartridges, or any other razors purchase of $12
$1/2 Speedstick or Lady Speedstick Products
$1.50 off St. Ives Facial Care, excl trial & masks
$1.50 off Style Essentials Hosiery
$3/3 Tampons or pads or liners
$3 off Tampons or Pads or Liners purchase of $15
$4 off Tide or Gain, Bounce or Downy purchase of $30
$2 off Total Home insecticides or personal repellant purchase of $8
$2 off Vaseline Lotion purchase of $8
Last Week That Could Still Be Good
If you print or load Tuesday or later these will expire into the next week
$2 off Always product purchase of $10
$2 off Baby Care Wash and Toiletries
$1.50 off Beauty 360 Acetone, Nail Polish Remover, or Cotton Rounds or Squares or Swabs purchase of $5
$2 off Beauty 360 Beauty tools, accessories or nail polish remover purchase of $10
$1 off Beauty 360 Body Wash or Bar Soap purchase of $5
$1 off Beauty 360 Cotton or Makeup Removers
$2 off Beauty 360 or GSQ Grooming and Manicure or Pedicure Tools purchase of $6
$1/2 Big Chill or Gold Emblem Ice Canyon Unflavored Bottled Water, 500 mL to 1.5 Liters
$1 off Big Chill or Gold Emblem Ice Canyon, or Just the Basics purchase,6, 12 or 24 Pack Unflavored Water
$3 off Candy purchase of $12
Through Saturday, grab this Target Circle deal to get an extra 30% off women’s dresses. I found a cute dress for as low as $5.93 after the discount.
Just save the Target Circle coupon into your account before you checkout. Get new dresses for spring that you can layer and wear now!
Deal Ideas:
Women’s Tank Dress – $12.75 (reg. $15)
– Extra 30% off women’s dresses
Makes it $8.92
Women’s Short Sleeve Waffle Knit Babydoll Dress – $17 (reg. $20)
– Extra 30% off women’s dresses
Makes it $11.90
Women’s Short Sleeve T-Shirt Dress – $15
– Extra 30% off women’s dresses
Makes it $10.50
This deal is good through Saturday, 1/23. Shipping is free on orders $35+ or you may be able to choose FREE store pickup!
See more online shopping deals.
Here are the deals from the new Publix weekly ad that starts on 1/20 (or 1/21 depending on your area). Get contact solution for 24¢, Beggin Strips for $1.07, and more.
Buy One Get Ones
-
GreenWise Organic Fuji Apples, 2 lb, at $5.15 ($2.57)
(makes it $1.28 per lb) - GreenWise Boneless Skinless Chicken Breast, at $7.99 ($3.99) lb
- GreenWise Chicken Drumsticks or Bone In Thighs, at $3.29 ($1.64) lb
- Smithfield Pork Tenderloin, 18.4 oz, at $9.99 ($4.99)
- Smithfield Steakhouse Mushroom Pork Fillet, 27.2 oz, at $9.99 ($4.99)
- Kiolbassa Smoked Sausage, 13 oz, at $6.15 ($3.07)
(regional deal) - Sargento Balanced Breaks Snacks or Sweet Balanced Breaks, 4.5 oz, at $3.99 ($1.99)
-.75/1 Sargento Balanced Breaks snacks, SS 01/10
-$1 off Sargento Balanced Breaks snack printable
(use (2) $1 off, makes it 99¢ ea.) - Buitoni Filled Pasta, 9 oz, at $4.29 ($2.14)
- Suja Juice Drink or Juice Smoothie or Sparkling Juice, 12 oz, at $4.09 ($2.04)
- Tombstone Pizza, 19.3-21.6 oz, at $5.35 ($2.67)
- Totinos Pizza Rolls 50 ct 24.8 oz bag or Totino’s Takis Snack Bites, 13.9 oz, (price not listed)
- Farm Rich Snacks, 16-24 oz, at $6.99 ($3.49)
-$1 off Farm Rich Product, 16 oz or larger printable
(makes it $2.49) - Breyers Ice Cream or Frozen Dairy Dessert 1.5 qt or Ice Cream Cups 30 oz or Carb Smart Ice Cream Bars, 18 oz, at $5.45 ($2.72)
-$1.50/2 Breyer’s item, Publix (EXP 1/22) eCoupon
(makes it $1.97 ea.) Read More→
Through today only, Best Buy is offering a sale on select small kitchen appliances with prices starting at $7.99! Save on mini waffle makers, toasters, and more.
Deal Ideas:
Bella Mini Waffle Maker $7.99 (reg. $12.99)
Bella Rocket Blender $14.99 (reg. $29.99)
This offer is valid through today only, 1/18. Choose FREE store pickup.
See more online shopping deals!
We have two new Sargento printable coupons this morning! The best part is they are on sale almost everywhere right now.
Find BOGO deals on Balanced Breaks and sales on String Cheese in most major grocery stores.
New Sargento Coupons
Coupons powered by Coupons.com
Here are some of the current deals. Head to the item search to find other Sargento sales near you.
Current Sargento Deals:
- Harris Teeter (ends 1/19) – Sargento Balanced Breaks, 4.5 oz, B1G1 at $3.99 ($1.99)
-.75/1 Sargento Balanced Breaks snacks, SS 01/10
-$1 off Sargento Balanced Breaks snack printable
(makes it 49¢) - Harris Teeter (ends 1/19) – Sargento String or Snack Cheese, 8-12 oz, $3.99
-$1 off Sargento String, stick or snack bites cheese snacks, SS 01/10
-.75/1 Sargento string, stick or snack bites cheese snacks, SS 01/10
-.75/1 Sargento string or stick cheese or Snack Bites item printable
(use .75/1, makes it $2.49) - Publix (starting 1/20) – Sargento Balanced Breaks Snacks or Sweet Balanced Breaks, 4.5 oz, B1G1 at $3.99 ($1.99)
-.75/1 Sargento Balanced Breaks snacks, SS 01/10
-$1 off Sargento Balanced Breaks snack printable
(makes it 99¢) - Publix (starting 1/20) – Sargento Cheese String or Stick, 9-12 oz, $4
-$1 off Sargento String, stick or snack bites cheese snacks, SS 01/10
-.75/1 Sargento string, stick or snack bites cheese snacks, SS 01/10
-.75/1 Sargento string or stick cheese or Snack Bites item printable
(makes it $3) - Winn-Dixie & Bi-Lo (starting 1/20) – Sargento Balanced Breaks, 3 ct., B1G1 at $3.79 ($1.89)
-.75/1 Sargento Balanced Breaks snacks, SS 01/10
-$1 off Sargento Balanced Breaks snack printable
(makes it 89¢) - Ingles (ends 1/19) – Sargento Balanced Breaks, 3 pk., $1.67
-.75/1 Sargento Balanced Breaks snacks, SS 01/10
-$1 off Sargento Balanced Breaks snack printable
(makes it 67¢) - Food City (ends 1/19)- Sargento Balanced Breaks, $1.99, limit 4
-.75/1 Sargento Balanced Breaks snacks, SS 01/10
-$1 off Sargento Balanced Breaks snack printable
(makes it 99¢)
Saving money can’t get any easier than using Circle coupons in Target’s mobile app! These offers come off instantly at the register and most are good on up to 4 items.
Savings Tip: My favorite way to load offers is in the store. Scan the barcode of products and the app will find any offers available. Before shopping, you can also sort the offers in the app by value and find high value savings.
If you’ve never used Target Circle and want to know more watch a short on all the ways to save with Circle.
Check out all of the new Circle Offers we have found so far this week, it’s a pretty long list with some sweet high value offers!
This Week’s New Target Circle Offers:
Circle GiftCard Deals:
Free Target $10 GiftCard wyb (2) select baby diapers from Pampers, Huggies, GoodNites or Seventh Generation Target Circle eCoupon
Free Target $5 GiftCard wyb (2) select baby wipes from Pampers, Honest, Seventh Generation or WaterWipes Target Circle eCoupon
Free Target $5 GiftCard with $25+ purchase of Harry’s products Target Circle eCoupon
Apparel:
30% off Women’s Dresses, excl. clearance Target Circle eCoupon
Baby Care:
20% off Aquaphor Baby, baby care Target Circle eCoupon
20% off Bamboobies Breastfeeding products, all varieties Target Circle eCoupon
20% off Eucerin Baby, all varieties Target Circle eCoupon
25% off Gerber Squeezable Pouches, 3.5 oz varieties Target Circle eCoupon
20% off NoseFrida saline kit, fridababy snotsucker Target Circle eCoupon
20% off Pipette products, all items Target Circle eCoupon
Beverages:
