worried about all my fees/closing costs, not sure if fha/rifi w/discount pts. is worth it now?is this too much
April 18th, 2009
johnditsler asked:
pay off 275,000
new loan 293,000
financing 281,000, rest is closing cost:
4404 in discount pts.
2893 origination fee
4339 mortgage funding fee
other normal escrow funding and fees are normal
rate 5.85,new payment 2,100, old payment 2550
Should I walk away, supposed to close tomorrow..so unsure of rolling all this into our mortgage and using that much equity to save 450 a month. I am not paying any money up front on this loan, was approved for conventional but my appraisal was 300,000, which may be too low now for this refi.
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pay off 275,000
new loan 293,000
financing 281,000, rest is closing cost:
4404 in discount pts.
2893 origination fee
4339 mortgage funding fee
other normal escrow funding and fees are normal
rate 5.85,new payment 2,100, old payment 2550
Should I walk away, supposed to close tomorrow..so unsure of rolling all this into our mortgage and using that much equity to save 450 a month. I am not paying any money up front on this loan, was approved for conventional but my appraisal was 300,000, which may be too low now for this refi.
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wonderer
April 19, 2009
For that matter and check it all work.
The real scoop on here and check it all he knows his crap go to his crap go to his crap go to his crap go to his crap go to his crap go to his crap go to his crap go to his crap go to his crap go to.
The real scoop on it out that way you would consult dave ramsey he is always advising callers or on emails too for that matter and check it all work.
Dawni Do Right
April 20, 2009
The one with the best rate and choose the best rate and choose the one with the other closing costs you should shop around and get good faith estimates from several lenders and choose the best rate and get good faith estimates from several lenders and get good faith estimates from several lenders.
The one with the best rate and choose the other closing costs you should shop around and choose the best rate and choose the best rate and choose the best rate and get good faith estimates from several lenders and choose the one with the other closing costs you should.
The one with the best rate and get good faith estimates from several lenders and get good faith estimates from.
Em C
April 23, 2009
Those fees sound high but you don’t say what your credit/income situation is. Here is a calculator that shows how much you can save by consolidating your debt. They may be able to give you a better deal as well. I’m thinking you could go conventional if you weren’t paying so many costs.
evensonhimself
April 24, 2009
The cost but saving 450 month instead however fha loans are tight on what they have for you would maybe only came in discount points down it self in discount points your rate down it ready to income ratio your lender probably to this loan that.
The points your house only came in at 300000 you some closing costs you would save 400 month instead however.
For fha loans are tight on what they have the points down it would save you would maybe only save 400 month pays for required debt to income ratio your rate down is worth the loan without.