Jump to content

Mortgage rates tagge chance emanna unda ?

Sidhu...Sidhaarth Roy

By Sidhu...Sidhaarth Roy
in Discussions

 Share

Recommended Posts

Quickgun_murugan LEGEND

Quickgun_murugan

Posted
Posted
5 minutes ago, Sidhu...Sidhaarth Roy said:

ARM lo prathi sare prathi year maruthundi ga bro rate ? daani badulu fixed aa better emo ? 

5 / 7 / 10 untaay man... so anni years varaku same .. aa tarvata maruthadi

Link to comment
Share on other sites
  • Replies 77
  • Created
  • Last Reply

Top Posters In This Topic

  • Quickgun_murugan

    20

  • Kalam_Youtheman

    18

  • Bestguy

    14

  • Sidhu...Sidhaarth Roy

    10

Popular Days

Top Posters In This Topic

Popular Days

Kalam_Youtheman Celebrity

Kalam_Youtheman

Posted
Posted
5 minutes ago, Bestguy said:

nneu koni 4 year ayyindhi house..Ippatiki 2 times chesa refinance.. Idhi latest 15 year with intrest rate 2.62 %..

starting rate entha ichaaru bro.. score entha unde ?  which bank

any tips ?

Link to comment
Share on other sites
Fior Jr Artist

Fior

Posted
Posted
2 minutes ago, Quickgun_murugan said:

Adjustable rate mortgage man...

so 7 yrs varaku takkuva rate ki illu osthadi... ee lopu rate perigi ammesthey benefit aythadi.... long term undalantey 7 yrs tarvata rate peruguthadi or market ni batti taggochu kuda (refinance cheyyali) but daaniki some % downpayment compulsory

Thx bro 

which better 7/10 if no sell house 

Link to comment
Share on other sites
Quickgun_murugan LEGEND

Quickgun_murugan

Posted
Posted
1 minute ago, Fior said:

Thx bro 

which better 7/10 if no sell house 

if no sell house then go for 15 or 30 year fixed.. 

or go with 7 yr ARM... (but after 7 yrs rates full perigithe you will not be benefitted).. 

15 aithe monthly payement ekkuvuntadi but rate takkuvosthadi... 

30 aithe rate konchem ekkuvuntadi.. but it will be fixed.. future lo full perigithe neeku safe.. taggithe you can refinance. not a big deal

Link to comment
Share on other sites
Sidhu...Sidhaarth Roy Celebrity

Sidhu...Sidhaarth Roy

Posted
  • Author
Posted
4 minutes ago, Quickgun_murugan said:

Adjustable rate mortgage man...

so 7 yrs varaku takkuva rate ki illu osthadi... ee lopu rate perigi ammesthey benefit aythadi.... long term undalantey 7 yrs tarvata rate peruguthadi or market ni batti taggochu kuda (refinance cheyyali) but daaniki some % downpayment compulsory

Common Adjustable Rate Mortgages
ARM Type Months Fixed
10/1 ARM Fixed for 120 months, adjusts annually for the remaining term of the loan.
7/1 ARM Fixed for 84 months, adjusts annually for the remaining term of the loan.
5/1 ARM Fixed for 60 months, adjusts annually for the remaining term of the loan.
3/1 ARM Fixed for 36 months, adjusts annually for the remaining term of the loan.



@Quickgun_murugan bro mari nuvvu 5/5/10 ki fixed untundi antunnav ga but veedemo "Fixed for 120,84,60,36 months, adjusts annually for the remaining term of the loan." antunnadu. endidi ardhamkavatla. pls brief it. Thnaks 

Link to comment
Share on other sites
Quickgun_murugan LEGEND

Quickgun_murugan

Posted
Posted
3 minutes ago, Sidhu...Sidhaarth Roy said:
Common Adjustable Rate Mortgages
ARM Type Months Fixed
10/1 ARM Fixed for 120 months, adjusts annually for the remaining term of the loan.
7/1 ARM Fixed for 84 months, adjusts annually for the remaining term of the loan.
5/1 ARM Fixed for 60 months, adjusts annually for the remaining term of the loan.
3/1 ARM Fixed for 36 months, adjusts annually for the remaining term of the loan.



@Quickgun_murugan bro mari nuvvu 5/5/10 ki fixed untundi antunnav ga but veedemo "Fixed for 120,84,60,36 months, adjusts annually for the remaining term of the loan." antunnadu. endidi ardhamkavatla. pls brief it. Thnaks 

its simple bro...  3/5/7/10 varaku nee rate fixed untadi.. aa tarvata nee loan enthundo antha varaku every year change avuthadi...

it is 15 or 30 year Mortgage but with adjustments made after 3/5/7/10 years annattu... 

@Sidhu...Sidhaarth Roy

 

3/5/7/10 deos not mean that you gonna pay your property in full within 3/5/7/10 years.. its only rate adjustment time frame.. 

kani manchi downpayment expect chestaru lenders.. to give you ARM loan...

Link to comment
Share on other sites
Quickgun_murugan LEGEND

Quickgun_murugan

Posted
Posted
1 minute ago, Quickgun_murugan said:

its simple bro...  3/5/7/10 varaku nee rate fixed untadi.. aa tarvata nee loan enthundo antha varaku every year change avuthadi...

it is 15 or 30 year Mortgage but with adjustments made after 3/5/7/10 years annattu... 

@Sidhu...Sidhaarth Roy

 

3/5/7/10 deos not mean that you gonna pay your property in full within 3/5/7/10 years.. its only rate adjustment time frame.. 

kani manchi downpayment expect chestaru lenders.. to give you ARM loan...

 

Link to comment
Share on other sites
Kalam_Youtheman Celebrity

Kalam_Youtheman

Posted
Posted
13 minutes ago, Fior said:

Thx bro 

which better 7/10 if no sell house 

 

14 minutes ago, Quickgun_murugan said:

permanent ga adey intlo undey plan lekapothey ani meaning bruh

 

15 minutes ago, Quickgun_murugan said:

5 / 7 / 10 untaay man... so anni years varaku same .. aa tarvata maruthadi

suppose neee illu 400k anuko and nuvvu monthly 2500 katdthuu 7 ARM theesukoni including principal /interest. taxes and all... so 7 yrs lo u wil pay 12*7=84 months.. 84x2500=210k kattesi untaav with interest... so inka 400000-210000 = 190k untundhii... aaaa 190k ni nuvvu malli refinance chesukovachuu according to market..ex neeeku appudu 30 yrs rate 4.5 undhii anuko...190*4.5   kadthaaavuu inka low rate or malli 7 ARM theesukoni continue seyyochuu... illu rate perigindhi ante full profit...

 

@Quickgun_murugan    comment pls

Link to comment
Share on other sites
Quickgun_murugan LEGEND

Quickgun_murugan

Posted
Posted
3 minutes ago, Kalam_Youtheman said:

 

 

suppose neee illu 400k anuko and nuvvu monthly 2500 katdthuu 7 ARM theesukoni including principal /interest. taxes and all... so 7 yrs lo u wil pay 12*7=84 months.. 84x2500=210k kattesi untaav with interest... so inka 400000-210000 = 190k untundhii... aaaa 190k ni nuvvu malli refinance chesukovachuu according to market..ex neeeku appudu 30 yrs rate 4.5 undhii anuko...190*4.5   kadthaaavuu inka low rate or malli 7 ARM theesukoni continue seyyochuu... illu rate perigindhi ante full profit...

 

@Quickgun_murugan    comment pls

@Kalam_Youtheman you are correct bro.... within 10 yrs ammesey uddesham untey ARM will help you lower your monthly payments. long term undedi untey every time ARM teeskuntoo kuda nettukuravochu... (but downpayments cheyyali)

Link to comment
Share on other sites
Kalam_Youtheman Celebrity

Kalam_Youtheman

Posted
Posted
3 minutes ago, Quickgun_murugan said:

@Kalam_Youtheman you are correct bro.... within 10 yrs ammesey uddesham untey ARM will help you lower your monthly payments. long term undedi untey every time ARM teeskuntoo kuda nettukuravochu... (but downpayments cheyyali)

min downpayment enthaa undhochu ?

Link to comment
Share on other sites
Quickgun_murugan LEGEND

Quickgun_murugan

Posted
Posted
Just now, Sidhu...Sidhaarth Roy said:

Denemma okkakkadu okkokkati rasthunnadu ga ARM Loan gurinchi _%~_%~_%~

 

2017-08-01.png

illu ammese uddeshyam lekapothe 15 or 30 year fixed is best bro

Link to comment
Share on other sites
Sidhu...Sidhaarth Roy Celebrity

Sidhu...Sidhaarth Roy

Posted
  • Author
Posted
Just now, Quickgun_murugan said:

illu ammese uddeshyam lekapothe 15 or 30 year fixed is best bro

But naa plan enti ante I'll pay it off in next 10 - 15 yrs. so I want as much as low monthly payments. 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing
×
×
  • Create New...