The Big Move: I’m retired and won’t live to see my mortgage paid off. Should I refinance to lower my monthly payment? No Comments Uncategorized ‘I need to lower the principal to help me stay in my home, because the cost of living is increasing every year.’ ‘I need to lower the principal to help me stay in my home, because the cost of living is increasing every year.’ Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to print (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on WhatsApp (Opens in new window)