Thanks, this is extremely helpful! Now that the average balance calculation is figured out, there's one more caveat to throw in there. The sellers of the new ho...
The old house was not sold until 2020 (unfortunately). Here is the timeline:old house: - mortgage last refinanced: 6/1/17 - Jan 1, 2020 principal balance: $426,...
Here's the problem I am facing: Average mortgage principal on original home (mortgage prior to 2017) is about $420k. Bought new home at the end of August 2019. ...