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Mortgage Interest Limit
Original mortgage was acquired in July 2017. Refinanced in 2021 for a lower interest rate, no money was taken out to spend on anything else.
The original Mortgage was $1.1 million, currently the mortgage is now $1.050 million. Does the $750k mortgage interest limit apply to us or since the original mortgage was in July 2017 do we get the $1 million grandfathered amount?
‎April 11, 2022
9:41 PM