“Moving to a Higher Interest Rate?”

  “Moving to a Higher Interest Rate?”






I thought you were crazy when you suggested I give up my 3.75% rate and move one percent higher and payoff all my debts. I might of understood the credit card debts, but the cars? The numbers don’t lie, even with the increase of the rate, we are saving almost $2000 a month. Your coaching was amazing, all the interest we are paying now is all deductible for tax purposes. Even more ridiculous the mortgage payment only went up $685.


Thank you for your recommendation, we’re meeting with the financial planner when we return from our vacation.


I know I’m not the first to say to you, I will let everyone know of the magic you can create for others. Thank you again my friend!


Gerry & Jodi.



It sounds counter intuitive to suggest someone refinance and go to a higher interest rate, but in some cases, it is the right decision.


I am a math guy.  If the math makes sense to move to a higher interest rate to accomplish an overall benefit, then I will recommend it each and every time.


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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

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Comment balloon 7 commentsJoe Petrowsky • September 26 2018 01:22PM
“Moving to a Higher Interest Rate? ”
“Moving to a Higher Interest Rate? ” Joe, I thought you were crazy when you suggested I give up my 3. 75% rate and move one percent higher and payoff all my debts. I might of understood the credit card debts, but the cars? The numbers don’t… more
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“$1100 Per Month in Savings” Joe, Sorry about the phone tag, my phone kept dying and must get another one. I want to thank you for assisting us through this refinance. We’re definitely in a better place than we were yesterday, now saving $1100… more