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0 Score 8 Replies 1,976 Views
Post #57467200 added 02-08-2013 10:34 PM by tiedyed1 in Archived Deals
There are quite a few important factors to consider in addition to the interest (which is tax deductible). You mention a 750k loan which would put you into Jumbo products, where the pricing...
0 Score 8 Replies 1,976 Views
Post #57402922 added 02-06-2013 7:54 AM by spdhanraj in Archived Deals
Makes sense. But the 3% is on $750K (lets say). It is a lot of interest .. don't you think?
0 Score 8 Replies 1,976 Views
Post #57413956 added 02-06-2013 2:52 PM by spdhanraj in Archived Deals
Good point.Will check that. Thx!
0 Score 8 Replies 1,976 Views
Post #57405258 added 02-06-2013 9:18 AM by PiratesSayARRR in Archived Deals
Sure but it gives you the option. Double check to see if there is a prepayment penalty. Likely you will be able to pay make more that just your mortgage payment, then if you need to you have the...
0 Score 8 Replies 1,976 Views
Post #57473812 added 02-09-2013 11:40 AM by spdhanraj in Archived Deals
Thanks guys. Will keep in mind. Thx Adam. Do you suggest any particular bank for mortgage?
0 Score 8 Replies 1,976 Views
Post #57398292 added 02-05-2013 11:37 PM by greensam88 in Archived Deals
I would probably recommend the 15 year mortgage plan. Reason being that you would account for paying higher monthly payments, and will have your home paid off sooner. That means that you will pay...
0 Score 8 Replies 1,976 Views
Post #57467234 added 02-08-2013 10:38 PM by chaozz in Archived Deals
Do 30 years get that tax wright off..You can always pay that other 1200 a month direct to Principal if you really want.Or save it up and buy a rental property.
0 Score 8 Replies 1,976 Views
Post #57392570 added 02-05-2013 5:50 PM by spdhanraj in Archived Deals
Hello, Planning to buy my first home in the Fremont/Milpitas area in South bay,CA. I've been going to open houses in these areas. Did some basic research online and went through a few forums in...
0 Score 8 Replies 1,976 Views
Post #57398616 added 02-06-2013 12:24 AM by PiratesSayARRR in Archived Deals
Sure you will pay less interest but there is a cost in doing so as the OP already indicated. If one of them wants to take a break from work then it would be difficult to do so. Money is dirt...

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