| Author | Message | ||
Starc Comedian Username: Starc Post Number: 1884 Registered: 03-2015 Posted From: 170.63.120.94 Rating: N/A |
ya tagguthundi.. | ||
Banam Hero Username: Banam Post Number: 11804 Registered: 12-2011 Posted From: 162.118.16.5 Rating: N/A |
Manam Principal ki payoff chestha vunte Interest taggutundha? Green Bay PACKERS ||San Antonio SPURS ||Sachin Ramesh TENDULKAR | ||
Bunty717 Moderator Username: Bunty717 Post Number: 46607 Registered: 02-2008 Rating: N/A |
ideem q.. affoordability issue kaadu ante 15yrs.. still afford cheyagalavu ante cash down.. | ||
Starc Comedian Username: Starc Post Number: 1883 Registered: 03-2015 Posted From: 170.63.122.160 Rating: N/A |
Suyodhan.. 30years lo major issue. first 5 years.. most of the stuff interest ke pothundi.. so .. if you have pakka budget for 5 years or so monthly go for 15 years.. even you get 2.8 or 3% interest rate.. after tax return you pay just 2% interest. if not go for 7/1arm and pay to principal.. you are all set after 7 years.. if the interest rates climb to 5% then you would be in trouble after 7 years still you hold house. so always.. 15 years best but budget is the key one. | ||
Suyodhan Side Hero Username: Suyodhan Post Number: 3253 Registered: 01-2013 Posted From: 72.181.169.85 Rating: N/A |
30 yrs teesukoni, amount save chesi principal meeda kattesi 10 yrs lo teerchesthe - is that good deal or bad deal?? evaraina ila chesunte kaastha lite eyyandi plz. | ||
Sesani Legend Username: Sesani Post Number: 32986 Registered: 08-2014 Posted From: 207.140.166.10 Rating: N/A |
recent ga research dobbinchukunna kada rajugaru, anduke telusu  | ||
Bobby Junior Artist Username: Bobby Post Number: 289 Registered: 04-2008 Posted From: 207.70.163.246 Rating: N/A |
15 is good, but in 30 years loan , what ever you are saving if you put in india fixed deposit ,then it will yeild more than you think. 15 year loan 3% 30 year loan 4% in India fixed deposit is around 8% so you are taking the loan for 4% and investing in india for 8%. you will get 4% profit. ofcourse what ever you saved here ,need to deposit regularly , then you will save a lot. And also on 30 year you get more tax benefit then 15 year as you pay more interest. | ||
Fargo Side Hero Username: Fargo Post Number: 9736 Registered: 04-2012 Posted From: 148.87.67.198 Rating: N/A |
I initially had 30 Yr (as I had less savings) and after 4 yrs changed to 15 yr. The payment will be more for 15 yr but principal ekkuva veltundi. It depends on how much you can pay everymonth and ur financial status | ||
Starc Comedian Username: Starc Post Number: 1881 Registered: 03-2015 Posted From: 170.63.122.160 Rating: N/A |
15 years interest is much lesser than what you pay.. but it would almost equal to 7/1 arm. So if you have only hold the house for 7 years then go for 7/1arm.. if you want to hold more than that go for 30 years as 30 years not too much in current market. if you have 400k loan then you pay 30 years 2000$ monthly in which 1500 is interest and 500 principal 15 years 3000 montthly in which 1000 is interest 2000 is principal 7/1 you would pay 1800 and 1200 is interest and 600+ is principal. some people go for 30 years but pay to principal whenever they have money.. this way you need not to pay when you do not have budget | ||
Mass Moderator Username: Mass Post Number: 3652 Registered: 10-2014 Rating: N/A |
5/1 vs 7/1 which one is better? | ||
Jeffa Junior Artist Username: Jeffa Post Number: 456 Registered: 10-2012 Posted From: 73.231.28.224 Rating: N/A |
Good answer Sesani.. 7/1 ARM is ideal.. especially in this market | ||
Time_pass Side Hero Username: Time_pass Post Number: 6858 Registered: 06-2008 Posted From: 104.129.204.65 Rating: N/A |
selling in 6-8 is fixed go for 7/1 ARM otherwise go for 15 year | ||
Rajusk Legend Username: Rajusk Post Number: 42919 Registered: 02-2008 Posted From: 172.56.29.209 Rating: N/A |
Any topic second post with full knowledge  | ||
Linkmaster Legend Username: Linkmaster Post Number: 49377 Registered: 02-2008 Posted From: 149.128.8.245 Rating: N/A |
15years is good | ||
Sesani Legend Username: Sesani Post Number: 32984 Registered: 08-2014 Posted From: 207.140.166.10 Rating: N/A |
if u are very particular of selling it in 6-8 yrs, go for 7 ARM.. u will definitely pay less interest compared to 30.. 30 vs 15 also do the math on how much interest u will be paying in 7 yrs.. see in which term u will pay less interest.. | ||
Bharat Junior Artist Username: Bharat Post Number: 743 Registered: 06-2015 Posted From: 199.90.60.4 Rating: N/A |
Which one is better if affordability is not an issue and planning to sell in 6-8 years? |