What is spironolactone (Aldactone)? Spironolactone is a potassium-sparing diuretic (water pill) that prevents your body from absorbing too much salt and keeps your potassium levels from getting too low. Spironolactone is used to diagnose or treat a condition in which you have too much aldosterone in your body. Aldosterone is a hormone produced by your adrenal glands to help regulate the salt and water balance in your body. Spironolactone also treats fluid retention (edema) in people with congestive heart failure, cirrhosis of the liver, or a kidney disorder called nephrotic syndrome. This medication is also used to treat or prevent hypokalemia (low potassium levels in the blood).
Your loan doesnât qualify. On the other hand, if you can prove that you have at least that much equity in your home, your lender should be able to drop your PMI payments, without you having to refinance your mortgage. Give your lender a call and ask what the procedure is to drop PMI.osted on February 28, 2001 by Ilyce R. Glink. Q: I closed on my house in July, 1993. I want to know if Iâm at the point at which the lender can automatically drop my private mortgage insurance (PMI). Iâve been told that if Iâm at a loan-to-value ratio of 78 percent, or less, PMI can be dropped without refinancing.
The first is that your existing mortgage may have a prepayment penalty, particularly if you took it out less than one year ago. If your current mortgage was a no cost mortgage or refinance, you'll probably have a prepayment penalty if you refinance within less than three to five years.Prepayment penalties can be steep-often equal to six month's interest charges on your current mortgage.he general rule of thumb is that you don't refinance unless you can save at least a full percentage point off your current interest rate. In reality, however, the key question is whether you can reduce your interest rate enough to offset your closing costs-and that depends on how long you plan to stay in the home.