<prompt> Human: We are looking at selling our house that weve only been in for 5 years. The two primary reasons are that my interest rate is above market 6.25 and I think the assessor was mildly insane in over assessing my house. Basically, Im losing a little over 250 a month. We always thought of this as a starter home. Most of my payment is gobbled up in interest payments to the bank. So far only about 1 dollar out of 5 goes toward my equity. I know this equation will change soon, but is it worth waiting a few more years?  <response>: Why not refinance at a better rate? 