A consumer with a $250,000 30-year mortgage and a 5.50% interest rate paying $1,420/month, wanting to lower their monthly payment, gets a new 30-year mortgage for $255,000, pays off the existing mortgage and has $5,000 for closing costs and tax and insurance escrows.
Toro (company) The Toro Company is an American manufacturer of turf maintenance equipment (lawn mowers), snow removal equipment (snow blowers) and water-saving irrigation system supplies for commercial and residential gardens, public parks, golf courses, sports fields, and agricultural fields.
With the 20381 it has a Toro engine, and the recommendation is the tank be empty or very near empty before changing the oil. I think that is a minor inconvenience and one that I'll learn to live with. One note here is that the Toro 20382 model is the same mower but with a Honda engine.