| Author | Message | ||
     Time_pass Side Hero Username: Time_pass Post Number: 3721 Registered: 06-2008 Posted From: 136.174.187.5 Rating: N/A |
my suugestion is do not pay points or loan origination fees. ask them to give the best rate with out points and with out loan origination fees. | ||
| Jackjill Side Hero Username: Jackjill Post Number: 7492 Registered: 03-2008 Posted From: 8.20.184.6 Rating: N/A |
For a loan amount of 140k, 1925+1400 = 3325, apart from down payment and other expenses pay chesthe your interest rate on the loan will be 2.75%, which pulls down the monthly payment. | ||
| Maverick Legend Username: Maverick Post Number: 36356 Registered: 01-2008 Posted From: 70.39.231.92 Rating: N/A |
libor vadaduta, treasury use chestarata Who is this DB member? | ||
| Jackjill Side Hero Username: Jackjill Post Number: 7491 Registered: 03-2008 Posted From: 8.20.184.6 Rating: N/A |
Libor okkate kaadu index chaala rates untaayi, depending on the lender - WSJ prime,Fannie base rate, but manaki vache sariki Index + Premium antaadu, rates reset ainappudu they may go down from the rate you had in TTM, but I am not sure whether you goes below the original rate(3% tho start chesthe, your floor is 3% anukunta, let me check though) | ||
| Idle_yzag Legend Username: Idle_yzag Post Number: 35255 Registered: 02-2008 Posted From: 198.80.144.187 Rating: N/A |
annai antha research chesakka oka bullet poitn la pettu, useful ga vuntundhi RahulGandhi/JP/Chiru | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 27548 Registered: 02-2008 Rating: N/A |
mortgage lo...you can buy points let us say...it is 5%. you can bring it down to 4%, by paying...say 2,000 dollars in the beginning...(This depends on your amount) | ||
| Maverick Legend Username: Maverick Post Number: 36355 Registered: 01-2008 Posted From: 70.39.231.92 Rating: N/A |
not that i have money to dow,but ikkada down chesi konte emostundi, property perugutundi ani gaurentee lenappudu. Who is this DB member? | ||
| Maverick Legend Username: Maverick Post Number: 36354 Registered: 01-2008 Posted From: 70.39.231.92 Rating: N/A |
2.75% rate w/1.375 pts + 1 pt origination ee pts ento kooda cheppandi Who is this DB member? | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 27547 Registered: 02-2008 Rating: N/A |
Indianapolis prices ki...aa person like Marv cash down chesi konocchu. | ||
| Time_pass Side Hero Username: Time_pass Post Number: 3720 Registered: 06-2008 Posted From: 136.174.187.5 Rating: N/A |
based on the rate I will go with 15 year. But rember the monthly for 15 will be very high as it i s amortised for 15 years rather than 30 years | ||
| Maverick Legend Username: Maverick Post Number: 36353 Registered: 01-2008 Posted From: 70.39.231.92 Rating: N/A |
naa inko plan entante arm teesukoni, plan like i am on fixed and monthly aa balance ni principle ki apply cheddamani like arm i pay 800 and fixed i pay 1200.. arm teesukoni, 400 principle ki apply cheyyamandamani Who is this DB member? | ||
| Time_pass Side Hero Username: Time_pass Post Number: 3719 Registered: 06-2008 Posted From: 136.174.187.5 Rating: N/A |
Jack, ARM lo 2 and 5 mean both plus and minus. Rate is tied to LIBOR ippudu nate takkuva vunnayi gaani okappudu high lo ARM teesukuni reset appudu kindaki vellina vallani choosa | ||
| Maverick Legend Username: Maverick Post Number: 36351 Registered: 01-2008 Posted From: 70.39.231.92 Rating: N/A |
loan amount 140k so dani batti cheppandi Who is this DB member? | ||
| Jackjill Side Hero Username: Jackjill Post Number: 7489 Registered: 03-2008 Posted From: 8.20.184.6 Rating: N/A |
Fixed, no point in going for ARM for 3/8ths of a percent,as your ARM is on 30 year loan. | ||
| Andhrawala Hero Username: Andhrawala Post Number: 11173 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
I wnet with 5/1 ARM. That should be teh way to go. Esp ur being small house at low price of 170K, u can easily pay it off 5-7 years. Even if not u may move into bigger house by that time or u may go to different place | ||
| Tifosi Junior Artist Username: Tifosi Post Number: 534 Registered: 02-2008 Posted From: 171.161.160.10 Rating: N/A |
take 15 years fixed...rates are at historic lows...if the rates go down drastically after 7 years you can always refi | ||
| Maverick Legend Username: Maverick Post Number: 36350 Registered: 01-2008 Posted From: 70.39.231.92 Rating: N/A |
Ok..ee current market lo when the rates are all time low, 15 yr fixed at 3.375 or 7/1 arm at 3 edi better..naa current plan aite pay off in 5/7 years..but should i have the flexibility of having the loan for 15 years at a low rate ? Who is this DB member? | ||
| Jackjill Side Hero Username: Jackjill Post Number: 7488 Registered: 03-2008 Posted From: 8.20.184.6 Rating: N/A |
down ekkada undhi,ARM lo initial rate kante kindaki podu kada 3% initial rate tho start chesthe, down 5% ante, negative 2%, paisal venakki isthada ?? does not make sense, initial rate is the floor and Cap is Initial + 5% anukuntaa | ||
| Jackjill Side Hero Username: Jackjill Post Number: 7487 Registered: 03-2008 Posted From: 8.20.184.6 Rating: N/A |
Rate is locked for 7 or 5 years, after that on your first adjustment your rate will not jump more than 5% and after that on periodical/annual adjustments cannot be more than 2% above the prevaliaing rate. And over the life of loan your rate cannot be more than 5% from the original rate. ee 2.75% margin ento ardham kaaledhu, nee starting rate emo | ||
| Time_pass Side Hero Username: Time_pass Post Number: 3717 Registered: 06-2008 Posted From: 136.174.187.5 Rating: N/A |
5/2/5 meaning idi lets suppose you signed up at 3% for 7/1 ARM the 7 means your initial rate is fixed for 7 years and 1 means it will change every year for the term of the loan how much it can go dpends on LIBOR rate. Normally the setting is LIBOR + .25% first reset after 7 years the rate can go up a max of 5% . so for reason the LIBOR rate is at 8% after 7 years then it yours wil go up to 8% the 2 means after that year at every reset it can go up or down by 2% the second 5 means the max up or down is 5%. ie your max rate will never go more than 8%. | ||
| Idle_yzag Legend Username: Idle_yzag Post Number: 35251 Registered: 02-2008 Posted From: 198.80.144.187 Rating: N/A |
Mav house kontunava? details naku kuda pampu, papi gadu townhouse kontunadu  jump for jackio RahulGandhi/JP/Chiru | ||
| Maverick Legend Username: Maverick Post Number: 36346 Registered: 01-2008 Posted From: 70.39.231.92 Rating: N/A |
bump Who is this DB member? | ||
| Maverick Legend Username: Maverick Post Number: 36343 Registered: 01-2008 Posted From: 70.39.231.92 Rating: N/A |
deeni meaning enti? how would the interest rate change of 7 years/5 years..what is the max rate and what is the change every time Who is this DB member? | ||
| Maverick Legend Username: Maverick Post Number: 36342 Registered: 01-2008 Posted From: 70.39.231.92 Rating: N/A |
7/1 or 5/1 ARM with a margin of 2.75% and caps of 5/2/5. Who is this DB member? |
