Mortgage interest rate?

[Bestguy]

Above picture is for evey 1/8 th point and for 100k calucalte and different years ki clauculate chesa..You can cal according to your need..

[Bestguy]

37 minutes ago, DaleSteyn1 said:

maa desi agent paisal enakki isthad so daantho points kondham anukuntuna so enni points konali and worth it anedhi ela calculate cheyali please educate us 

2.875	415	685	960
3.000	422	691	966
3.125	428	697	971

 

Every 1/8 th pint ki 30 yers ki   7 dollars in between 2.875 and 3.00..

 

For exmaple 100k ki 4k closing cost anukote @ 2.875 interest rate and 3.125 zero closing cost antaru velluu..Then you should go for 3.125 one as you dont need extra cost for closing and you can use  that 4k for down payment..

[Rabbo]

@bestguy

Closing cost zero ela avthadi bro, did you role up closing cost into your loan balance amount

our actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.

• ivvani fees untayi kada bro
   
  • Application Fee$300.00
     
  • Delivery Fee$2,250.00
  • Loan Processing Fee$200.00
     
• Required services we select$588.80
   
  • Appraisal Fee$460.00
     
  • Credit Report$37.30
     
  • Flood Certification$12.50
     
  • Tax Service$79.00
     
• Required services you select$1,861.00
   
• Government recording charges$97.00
   
• Transfer taxes$1,499.85

[Bestguy]

1 minute ago, Rabbo said:

@bestguy

Closing cost zero ela avthadi bro, did you role up closing cost into your loan balance amount

our actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.

• ivvani fees untayi kada bro
   
  • Application Fee$300.00
     
  • Delivery Fee$2,250.00
  • Loan Processing Fee$200.00
     
• Required services we select$588.80
   
  • Appraisal Fee$460.00
     
  • Credit Report$37.30
     
  • Flood Certification$12.50
     
  • Tax Service$79.00
     
• Required services you select$1,861.00
   
• Government recording charges$97.00
   
• Transfer taxes$1,499.85

ne mortgage broker ki back isthadu 1.25% of loan amount..they share that maount with you..basic ga house 400k anukoo vallaki 5k daka return istharu main bank vadu broker ki.. Broker gadu 1k pettukoni 4k return isthadu manaki towards closing as lender credit ani..IT all depends how you shop ..DOnt go to big banks like chase, bofa , wellsfargo..

[Bestguy]

3 minutes ago, Rabbo said:

@bestguy

Closing cost zero ela avthadi bro, did you role up closing cost into your loan balance amount

our actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.

• ivvani fees untayi kada bro
   
  • Application Fee$300.00
     
  • Delivery Fee$2,250.00
  • Loan Processing Fee$200.00
     
• Required services we select$588.80
   
  • Appraisal Fee$460.00
     
  • Credit Report$37.30
     
  • Flood Certification$12.50
     
  • Tax Service$79.00
     
• Required services you select$1,861.00
   
• Government recording charges$97.00
   
• Transfer taxes$1,499.85

ivi deniko vestunnado telusa???.. Ee state lo vuntaru meeru ??loan amount enthaki..

[Rabbo]

3 minutes ago, Bestguy said:

ivi deniko vestunnado telusa???.. Ee state lo vuntaru meeru ??loan amount enthaki..

VA , 450k loan amount refinance

How to hire a mortgage broker for refinance ?

[Bestguy]

2 minutes ago, Rabbo said:

VA , 450k loan amount refinance

How to hire a mortgage broker for refinance ?

not sure abt VA ..Mana desi circle lo adugu bro evarina anynaa.. TX lo ayhtee suggest  chesi vadinii..As it is refinance you can shop around and look for some one who can do closing cost for zeros..In my circle we all did refinance and intial clsoing for zero closing cost..

[Bestguy]

6 minutes ago, Rabbo said:

VA , 450k loan amount refinance

How to hire a mortgage broker for refinance ?

450k ante easy ga vastundhi zero closing cost and extra amount kuda ivvachu..

[DaleSteyn1]

50 minutes ago, Bestguy said:

It all depends on home value too ..home value  chepthee i can better assisit you..

Home value 550k ,down 20% chesthuna ,agent 2000$ pettukuni migitha antha enakki isthunad and mortgage lender is giving 7000$ towards closing costs idhi naa scenario,suggest lenders and info is good.Thanks for posting in detail analysis on mortgage interest .Dude also one more question Nenu investment kosam town home konali ani choosthuna after dec once i am done with my current closing can i buy a home with 5% down payment and get a loan approved

[Bestguy]

Just now, DaleSteyn1 said:

Home value 550k ,down 20% chesthuna ,agent 2000$ pettukuni migitha antha enakki isthunad and mortgage lender is giving 7000$ towards closing costs idhi naa scenario

I need below details:

Location:

interest rate entha padtundhi as of now

Duration 30 or 15 years ?

Closing costs entha padtunnai in total

new house or old house

 

[DaleSteyn1]

3 minutes ago, Bestguy said:

I need below details:

Location:

interest rate entha padtundhi as of now

Duration 30 or 15 years ?

Closing costs entha padtunnai in total

new house or old house

 

Nc charlotte,30 yrs,closing costs inka teleyadhu becs.l closing is in december and new house

[Bestguy]

1 minute ago, DaleSteyn1 said:

Nc charlotte,30 yrs,closing costs inka teleyadhu becs.l closing is in december and new house

Intrest rate vunte better deal or bad deal cheppa vachu..Look for low interest and zero closing cost basically..aa rate ki zero closing costs istharu easy gane..

[aviator]

closing next month . locked in 3.25 @30 years. 4500 in sellers credit (covers lenders fee and some closing costs). Also seller pays 50% title transfer tax.

[Bestguy]

52 minutes ago, aviator said:

closing next month . locked in 3.25 @30 years. 4500 in sellers credit (covers lenders fee and some closing costs). Also seller pays 50% title transfer tax.

3.25 30 years ante good deal its not ARM right??..Title transfer ante title insurance aaa?

[aviator]

8 minutes ago, Bestguy said:

3.25 30 years ante good deal its not ARM right??..Title transfer ante title insurance aaa?

Not ARM. 30 year fixed conventional. Mortgage rates  track 10 year treasury yield and it recently went down to historic lows. so was able to lock @3.25. the rates stabilized a bit now and 3.25 is not available anymore. doesn't mean it wont come back. need to shop around a bit for mortgages to get the best rate. Don't go to banks directly. better.com and credible.com you can create free profiles and  get an idea of what rates you can expect based on your credit. ( both do soft check and wont impact credit scores). Then you can shop with brokers as they can generally get a bit better deals than these.