Mortgage interest rate?

[Bestguy]

8 hours ago, Rabbo said:

dcu lo 5/1 ARM 2.75 % ki  giving with 8k closing fees

5 years varaku good rate anpisthundi

Buy points so you can avoid closing costs..interest rate 3.125 chesi zero clsoing ocst isthe better deal..after 1 year you cna refinnace..

[neekunuvvetopu]

6 hours ago, Bestguy said:

Buy points so you can avoid closing costs..interest rate 3.125 chesi zero clsoing ocst isthe better deal..after 1 year you cna refinnace..

Buying points has nothing to do with avoiding closing costs.  With points you can possibly reduce the interest rate that you are getting.. but, if you buy points and go with refinance is not a good idea.. unless and until you want to stick with the same loan for good time - don't buy points.

[halwaraaj]

19 hours ago, soldier said:

FHA 30 yrs @3.85 ichadu rocket mortgage 

ok an or whatever??

Condo ka? Condo ki Single Family ki different rate untadi, Condo aithe that rate currently is accurate for rocket mortgage.

[Rabbo]

1 hour ago, neekunuvvetopu said:

Buying points has nothing to do with avoiding closing costs.  With points you can possibly reduce the interest rate that you are getting.. but, if you buy points and go with refinance is not a good idea.. unless and until you want to stick with the same loan for good time - don't buy points.

nenu 5 years ki calculate chesanu bro, interest rate tagisthe 25 k savings avuthayi in my scenario for 5 years, points buying and closing cost max 10k, still i will save 15K

2.75% interest for 5 years should be good i think, i dont think so market will go down that much in next 5 years

 

[Bestguy]

14 minutes ago, Rabbo said:

nenu 5 years ki calculate chesanu bro, interest rate tagisthe 25 k savings avuthayi in my scenario for 5 years, points buying and closing cost max 10k, still i will save 15K

2.75% interest for 5 years should be good i think, i dont think so market will go down that much in next 5 years

 

2.75 kanna takkuvuki vella ledhu eppatiki kuda..Buying points valla labam enti antee you dont have down 8k down now,, 2 years taruvatha you can do refinance again..I did 3 times  refinance all 3 times no closing cost for me except appraisal fee..My current intrest rate is 2.62 % for 10 years..You need to ask for zero closing cost ki entha interest ki istavu ani??...They basically distribute 8k for 15 or 30 years and collect interest rate..EE madhya lo nuvvu maalal refifnace kottachu..

[Despacito]

19 hours ago, DaleSteyn1 said:

taylormorrison

taylormorrison ante austin aa bhayya..

austin aythe ekkada tesknav bhayya..entha padindhi cost?

 

[Bestguy]

1 hour ago, neekunuvvetopu said:

Buying points has nothing to do with avoiding closing costs.  With points you can possibly reduce the interest rate that you are getting.. but, if you buy points and go with refinance is not a good idea.. unless and until you want to stick with the same loan for good time - don't buy points.

market intrest rate caluclated in 1/8 point ..Points buy cheytam valla konni sarulu labam vuntundhii..I did 3 times refinance in 4 years .My current intrest rate is 2.62 % for 10 years...naaku 2.5 kuda istha with closing cost some 5k avtundhi annadu..Naaku vaddu aa option ani cheppa..for me 2.62 zero closing cost..

[DaleSteyn1]

1 minute ago, Bestguy said:

market intrest rate caluclated in 1/8 point ..Points buy cheytam valla konni sarulu labam vuntundhii..I did 3 times refinance in 4 years .My current intrest rate is 2.62 % for 10 years...naaku 2.5 kuda istha with closing cost some 5k avtundhi annadu..Naaku vaddu aa option ani cheppa..for me 2.62 zero closing cost..

maa desi agent paisal enakki isthad so daantho points kondham anukuntuna so enni points konali and worth it anedhi ela calculate cheyali please educate us 

[Rabbo]

20 minutes ago, Bestguy said:

2.75 kanna takkuvuki vella ledhu eppatiki kuda..Buying points valla labam enti antee you dont have down 8k down now,, 2 years taruvatha you can do refinance again..I did 3 times  refinance all 3 times no closing cost for me except appraisal fee..My current intrest rate is 2.62 % for 10 years..You need to ask for zero closing cost ki entha interest ki istavu ani??...They basically distribute 8k for 15 or 30 years and collect interest rate..EE madhya lo nuvvu maalal refifnace kottachu..

2.62% with zero closing cost evadu ivvatledu bro .. ippudu

[Kalam_Youtheman]

20 hours ago, Hitman said:

3.85 is Ok IMO at this rate. if rate goes down, you re finance it later with same term or lesser to leverage the new lesser rate. 

closing costs evvadu kadthaaduu... 

[desiboys]

Chase bank  refinance loan 15 years 3% ki isthunnadu kada

[Bestguy]

17 minutes ago, Rabbo said:

2.62% with zero closing cost evadu ivvatledu bro .. ippudu

Naadhi 10 years anduke ichadu..2.62 2.7 5peeda teda ema vundadhu..

[Bestguy]

34 minutes ago, DaleSteyn1 said:

maa desi agent paisal enakki isthad so daantho points kondham anukuntuna so enni points konali and worth it anedhi ela calculate cheyali please educate us 

It all depends on home value too ..home value  chepthee i can better assisit you..

[HugoStrange]

generally points ante   0.25% interest rate is one point as per lender terms. They generally charge 1% of your loan amount

[Bestguy]

Loan amount	30 year Fixed	15 year fixed	10 year fixed
	100,000	100,000	100,000
2.500	395	667	943
2.625	402	673	948
2.750	408	679	954
2.875	415	685	960
3.000	422	691	966
3.125	428	697	971
3.250	435	703	977
3.375	442	709	983
3.500	449	715	989
3.625	456	721	995
3.750	463	727	1001
3.875	470	733	1007
4.000	477	740	1012
4.125	485	746	1018
4.250	492	752	1024
4.375	499	759	1030
4.500	507	765	1036