sell or refi?I own a home, I have a fha loan I have about $120k in equity, my income has been reduced and it is a struggle to make the payments. should I refinance for a conventional loan which would reduce my monthly (insurances would not be impounded) and i would not have to pay mortgage insurance. my payment is $1600 total monthly however without impounds my P&I is $985 I owe $219k (zillow est value $337k) or sell the home and re-purchase a home and invest and save the money? please advise if you can.November 12 2013 - Natomas Park00YesReport 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.