Author Topic: mortgages  (Read 3701 times)

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Offline Johnny Wichita

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Re: mortgages
« Reply #25 on: February 26, 2012, 03:26:05 PM »
Mortgage?  Is that with a silent t? 

Offline steve dave

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Re: mortgages
« Reply #26 on: February 26, 2012, 04:32:34 PM »
Great decision on your refi. How much was the fee?

I refi'd 6 months ago to a 15yr at 3.4% APR. Could have gotten 3.25, but I took the slightly higher APR in exchange for a "lender credit" that offset basically all my closing costs. My monthly payment only increased by about 10%, but I've nearly doubled the amount of each payment that goes to principal. Silver lining of a shitty economy.

just over $1k for all closing costs.

Offline K-S-U-Wildcats!

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Re: mortgages
« Reply #27 on: February 26, 2012, 07:12:30 PM »
Great decision on your refi. How much was the fee?

I refi'd 6 months ago to a 15yr at 3.4% APR. Could have gotten 3.25, but I took the slightly higher APR in exchange for a "lender credit" that offset basically all my closing costs. My monthly payment only increased by about 10%, but I've nearly doubled the amount of each payment that goes to principal. Silver lining of a shitty economy.

just over $1k for all closing costs.

Nice.
I've said it before and I'll say it again, K-State fans could have beheaded the entire KU team at midcourt, and K-State fans would be celebrating it this morning.  They are the ISIS of Big 12 fanbases.

Offline Pete

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Re: mortgages
« Reply #28 on: February 26, 2012, 07:40:47 PM »
I wish I was planning on being in my current home for longer.  I'd definitely switch to a 15 year.

I intend to go with a 15 year on my next house.

Offline michigancat

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Re: mortgages
« Reply #29 on: February 26, 2012, 07:49:15 PM »
I plan to rent and move to a new part of the world every 2-3 years.
« Last Edit: February 26, 2012, 08:01:05 PM by michigancat »

Offline steve dave

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Re: mortgages
« Reply #30 on: February 26, 2012, 07:59:43 PM »
I wish I was planning on being in my current home for longer.  I'd definitely switch to a 15 year.

I intend to go with a 15 year on my next house.

I won't be here 15 but I'll probably be here 4 or 5 at the minimum.

Offline CNS

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Re: mortgages
« Reply #31 on: February 27, 2012, 09:43:15 AM »
Mortgage?  Is that with a silent t?

The root of the word means death in latin(or something).

True story.