Home owners and finance experts randi vayya - Refinance discussion cheddam

[tom bhayya]

1 hour ago, Quickgun_murugan said:

evaro advertisements estunnaranta kada istham ani..

naku kuda osthay VA Loan 2.5 ani.. should consider...

Ads alaaney isthaaru actual process start ayyaka asalu apr chepthaaru

[Spartan]

unless there is significant change in the APR which is >0.75 or atleast >0.5,

i think refi will be waste in any case ani na uddesham. if you have paid the interest already for 2 years.

@tom bhayya  @k2s  correcte na.

[tom bhayya]

2 hours ago, Quickgun_murugan said:

unna illu loan ni inkoka bank ki transfer cheskovatam if that new bank is giving better APR (Interest + ) than your current mortgage company...

Same mortgage company tho kuda cheyunchukovachu to match others apr 

[AndhraneedSCS]

8 minutes ago, Spartan said:

unless there is significant change in the APR which is >0.75 or atleast >0.5,

i think refi will be waste in any case ani na uddesham. if you have paid the interest already for 2 years.

@tom bhayya  @k2s  correcte na.

if you are not paying for closing costs, any saving is a saving even if it is 0.125% 

[Power Star]

7 minutes ago, tom bhayya said:

Same mortgage company tho kuda cheyunchukovachu to match others apr 

ok

[AFDB__REBEL]

if you are refinancing make sure to take 15 year term, you will get low apr.

[user789]

3 hours ago, vikuba said:

already unna inti loan ni... malli loan process through teskelladam.. 

so that existing interest rate kanna takuva ravochu

nuvu 20% down cheyakapotey.. inti estimation market rate ki match chesi... PMI teeseyochu

but there might be some loan origination (new loan new bank kabatti), closing costs etc..

can u elaborate on it?

[user789]

different question :

Usually, majority of them end up paying  50% of total house cost in 30 yrs. Is it good idea ? 

Why can't they pay more down-payment or have 15 yr loan instead if they have good savings ? Any disadvantages ?

 

[tom bhayya]

1 hour ago, Power Star said:

ok

Uncle long time no see

[tom bhayya]

42 minutes ago, user789 said:

can u elaborate on it?

First time konnappudu less than 20% down chesthey pmi insurance ani extra kattali monthly

[tom bhayya]

40 minutes ago, user789 said:

different question :

Usually, majority of them end up paying  50% of total house cost in 30 yrs. Is it good idea ? 

Why can't they pay more down-payment or have 15 yr loan instead if they have good savings ? Any disadvantages ?

 

Uncle Bay Area lo intiki 30 years emi ey 5000$ untundhi inka 15 yrs antey nee laanti CEO’s ey kaani maalanti develofers ki impossible

[tom bhayya]

42 minutes ago, user789 said:

different question :

Usually, majority of them end up paying  50% of total house cost in 30 yrs. Is it good idea ? 

Why can't they pay more down-payment or have 15 yr loan instead if they have good savings ? Any disadvantages ?

 

Ippudu @TOM_BHAYYA laanti mesthri vachi why pay interest buy with cash antaadu

[Quickgun_murugan]

1 hour ago, tom bhayya said:

Same mortgage company tho kuda cheyunchukovachu to match others apr 

Kani aadu oppukodanukunta

[Quickgun_murugan]

46 minutes ago, user789 said:

different question :

Usually, majority of them end up paying  50% of total house cost in 30 yrs. Is it good idea ? 

Why can't they pay more down-payment or have 15 yr loan instead if they have good savings ? Any disadvantages ?

 

cash unchukuntey inka denikaina vadukovochu... lately after 2008 effect people are worried about paying off their savings to house ... value dhaam ani padithey unna paisal 10gipothayani bhayam ... but pay off cheskuntey easy if you dont have plans on moving anywhere..

[Quickgun_murugan]

2 hours ago, tom bhayya said:

Ads alaaney isthaaru actual process start ayyaka asalu apr chepthaaru

yeah