In years past always went for lowest APR to save interest costs, but now with a 5 yr, 8 yr, 15yr, and 30 year loan, the monthly payments of the 4 properties are quite sizeable. Looking at refi rates, I can refi my 15 yr primary residence along with the 5 yr loan both along with paying off car into a 30 year, and payoff another 401k loan, and reduce monthly expenses by $2300/month. Should I go through the hassle of refinancing, and extend my terms to 30 years, all just to put $2300 more in my pocket each month? IF I didn't do it, I would have 2 loans paid off in 6 years anyway, but i like the idea if less cash outflow now in case we did FIRE sooner and it helps get closer to fire goals by reducing monthly expenses.
Any thoughts or impacts to financial future I should consider?