Fortunately, we don’t have a mortgage payment anymore but when we did and we refinanced, we refinanced into a 15yr. It only increased our monthly payment by $100 and it totally made a difference in how much you were paying towards principal vs interest. Like in our 30yr we were paying $900 in interest and $300 in principal but when we refinanced, it flip flopped that and $900 was going toward principal and $300 towards interest. It’s like you’re not throwing so much money away each month and you begin to really see a difference in your mortgage balance.