Financing in Murfreesboro>Question Details

Richard, Home Buyer in Murfreesboro, TN

if i buy down points on my is it good for the life of the loan

Asked by Richard, Murfreesboro, TN Tue Jan 20, 2009

Help the community by answering this question:


Is the discounted rate good for the life of your loan? Yes (some common assumptions made).

Is the up front spending on those points justified? That may be a decision that needs more calculation for your unique situation. Look up Rob Weber (lender) here on Trulia and see if you can't ask him for advice on the right fit for your plans.

He may want to know how long you plan to be in your current home, what the total cost amounts to, etc... his link below...
0 votes Thank Flag Link Tue Jan 20, 2009
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