80/20 refi to 1 loanLike many folks on here, we purchased right at the height of the market- currently we owe about 290k, last appraisal was 320k (Zillow is currently showing 270k, but we've been told those numbers aren't quite right for a variety of reasons), may have changed a bit with the current market conditions in Denver. What's killing us is the interest rate on the second mortgage which is at 8%- our primary mortgage is at an ok rate of 5.5%- makes our overall payment about $1900 rolling in insurance and taxes. Anybody have any thoughts on getting the amount of interest payed reduced? We're both 750+ for credit score.March 05 2012 - Montclair0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.