Home down payment

[terminator_desi]

hi friends,

Planning to buy in summer next year in phoenix,AZ and planning to make downpayment of 50%.Since I making big down payment(50%), will I get lower interest rate on the bank loan?Also should I go for 15 years or 30 years loan to get better interestrate next year?

[csrcsr]

4 minutes ago, terminator_desi said:

hi friends,

Planning to buy in summer next year in phoenix,AZ and planning to make downpayment of 50%.Since I making big down payment(50%), will I get lower interest rate on the bank loan?Also should I go for 15 years or 30 years loan to get better interestrate next year?

15 year percent rates are always better bro, but if market is doing ok

just thinking why dont you buy two houses with 20% down and give one rent (if rental income levels up with mortgage payment ?

[chicagosubbu]

22 minutes ago, csrcsr said:

15 year percent rates are always better bro, but if market is doing ok

just thinking why dont you buy two houses with 20% down and give one rent (if rental income levels up with mortgage payment ?

What is advantages of having big loan and two houses ? Is it not good to payoff house loan and become debt free ?

[csrcsr]

3 minutes ago, chicagosubbu said:

What is advantages of having big loan and two houses ? Is it not good to payoff house loan and become debt free ?

Don't know anduke kada malli market punjukunte ? Yiu will have equity in both homes climbing up , ade down avuthhe elagu down avutav , 

[Pavanonline]

29 minutes ago, csrcsr said:

15 year percent rates are always better bro, but if market is doing ok

just thinking why dont you buy two houses with 20% down and give one rent (if rental income levels up with mortgage payment ?

Dabbunaa marajulu 

[csrcsr]

1 minute ago, Pavanonline said:

Dabbunaa marajulu 

Naaku kaadu anna anna ki kavalante cheptuna 

[coffee]

How much is down payment

[Sarvapindy]

44 minutes ago, terminator_desi said:

hi friends,

Planning to buy in summer next year in phoenix,AZ and planning to make downpayment of 50%.Since I making big down payment(50%), will I get lower interest rate on the bank loan?Also should I go for 15 years or 30 years loan to get better interestrate next year?

hardly working 4 jobs aa baa

[macha]

I feel always good to make more Downpayments in this market so you can be debt free … for 560k mortgage you would pay 565k interest current 7.2 % interest 

[terminator_desi]

8 minutes ago, coffee said:

How much is down payment

450k home ki about 225k downpayment.

[Pavanonline]

3 minutes ago, csrcsr said:

Naaku kaadu anna anna ki kavalante cheptuna 

Haha,  anthe antav

@terminator_desi personally I don’t think this is the time for experiments. I would pay minimum down payment possible and keep the cash. Stock market might hit more lows next year.

[csrcsr]

6 minutes ago, Pavanonline said:

Haha,  anthe antav

@terminator_desi personally I don’t think this is the time for experiments. I would pay minimum down payment possible and keep the cash. Stock market might hit more lows next year.

Exactly but next summer kada anna apadi varaki market set sithe

[hydusguy]

7 minutes ago, terminator_desi said:

450k home ki about 225k downpayment.

phoenix lo 450k aekada dorukutunnay

[TOM_BHAYYA]

14 minutes ago, macha said:

I feel always good to make more Downpayments in this market so you can be debt free … for 560k mortgage you would pay 565k interest current 7.2 % interest 

Adhi 30 years ki..

adhe amount ni ye good stock lo pettina or dividend ochedhanlo pettina or last Ki india lo ye ooorlo land konna.. that appreciate much much more than that.

Hyd lo last decade nundi nadusthunna trend Ki atleast it will double in 5 years if you buy land in outskirts.

[veerigadu]

Lol thread