Would you consolidate your debt into this loan?
If your interest rate was about 1% higher than your current mortgage, but the loan has a debt repayment plan that gets you out of debt 10 years sooner and save you over $ 100k in total interest? Plus, you save about $ 200/month in debt payment and you can apply some of it toward the principal and invest the rest.
I just don’t get why some people would say no. Maybe its because it sounds too good to be true and they don’t believe it, even though everything is printed out and a loan amortization schedule is given. Oh well, some people are just ignorant to information or they have really been brainwashed that interest rate overrides all other important data.