Is it worth to refiI owe 290 on a 300 house-FHA 30yr 5% i am 17 months into the loancurrent 1600 + 55$[Insurance[ + MI 132 + Tax 267 new refi4.25% FHA rate locked till 11/251448.34 + 55$ Insurance + MI 205 + Tax 267not sure why my MI is more but even is it worth doing my payment drops by 75$ and terms go up by 15 months. I am 33 so maybe its not bad. the good thing is in 5 yrs it will go down to 1775$ when MI goes.but is it worth it.please advise. October 27 2010 - US00YesReport 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.