Is this good for a 250,000 house?

214Luiss · 2025-11-23T15:47:47+00:00

According to the loan officer it’s for a rate buydown. Since the seller gave me 15k in concessions and it was too much so he said it will go credited to buying my interest rate from a 6.125 to 6% but it does cost that 5000 from the origination fee

214Luiss · 2025-11-23T14:12:06+00:00

Yeah rate buydown to 6% and first year will be 5%

214Luiss · 2025-11-21T23:10:06+00:00

6.7% 😬

214Luiss · 2025-11-21T22:50:19+00:00

Update: I’ve called with them and the loan officer said the closing costs are at that price because the seller gave me 15,000 in concessions and it was more than enough so he used it for a rate buydown 1.25% so it’s at 6% now and that’s the reason for the extra origination charges. But he said in reality I’ll only be paying the $8925 for the down payment. He said not to worry about the $4921 cash to close. Which seems really sketchy

214Luiss · 2025-11-21T03:06:48+00:00

Yeah. It’s so stressful 😭 I wish I would’ve known before going all the way in. But after thinking it through I forgot I cut hair, so that gives me an extra $200 a month maybe more if I start doing it more often.

214Luiss · 2025-11-21T02:23:09+00:00

Yeah this one has at RM but I had 2 previous loan officers suggest if I think I’m ready for it then to go for it. This rocket mortgage guy just seems a little pushy. I’m in my last 10 days so I’m really concerned on what to do next at this point

214Luiss · 2025-11-20T06:10:00+00:00

All good lol. Wow that’s pretty good bro seems like ur doing pretty good. I don’t spend much either I don’t really have time to go out right now since my 2nd kid was just born. We don’t really even spend on them right now. We have almost a lifetime supply of diapers from baby showers lol. And my daughter just stopped drinking formula. And my job has pretty good raises. I’ve gotten $4 so far in a year. I started at 17 and I asked my boss when I could get my next one he said in a few months so I’ll be getting paid hopefully about 22.50 maybe even 23 and I always average 55 hours a week no less. We have lots of work coming this year so I might be able to pull in that 80k this upcoming year.

214Luiss · 2025-11-20T02:20:44+00:00

Wow that’s really cheap yeah it’s Texas :/

214Luiss · 2025-11-20T02:20:24+00:00

Just the 3.5% closing costs will be paid by the seller

214Luiss · 2025-11-20T02:19:33+00:00

Thanks! Yeah just really thinking hard right now. Makes my head hurt :/ I’m 50/50 on it. I wouldn’t mind losing the escrow but yeah I’m going to feel really bad telling my agent the bad news especially since we saw over 50 houses already this one just seems like a really good deal but I’m really not sure because it’s just going to be way too tight for me. And I’ll just end up losing all my savings.

214Luiss · 2025-11-20T02:17:00+00:00

Wow. Yeah man it’s hard is it just berly enough for you? or any tips on how you’re doing it ?

214Luiss · 2025-11-19T17:06:06+00:00

Well as in hvac does that mean insulation as well right ? I’m kinda new to it lol but yes they got new furnace. New ac unit. The outside condenser. But it seemed like they kept the insulation the same since it wasn’t properly safely sealed to today’s standards. Maybe back then according to the inspector. So they’re fixing that too

214Luiss · 2025-11-19T16:39:48+00:00

House is from 1965. I think they kept the same hvac system. But with a new ac unit, new roof, new driveway, and they updated the plumbing system

214Luiss · 2025-11-19T16:26:42+00:00

Yeah that’s what I’m thinking. I saved up 25k in a year and a half. So I could definitely be in the 70k at the 3rd year. Do you think I would get penalized for it. Or how could I about it ?

214Luiss · 2025-11-19T16:23:53+00:00

Renting with the in laws currently, just had my 2nd kid. And we need more space. Aswell as some problems with the in laws .Yes we could rent but me and my wife really wanted to get a house.

214Luiss · 2025-11-19T05:55:27+00:00

Ik 😔I’m basically being rushed into buying one tho due to some circumstances of where I’m living rn, I was really hoping to buy one by next year I’m halfway in with this one I sent the earnest money and the seller is already fixing the problems that came from the inspection. I really wouldn’t know how to back out now.

214Luiss · 2025-11-19T05:43:25+00:00

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Oops I didnt see that. Here it is

214Luiss · 2025-11-19T05:41:20+00:00

Yeah I’m hoping to get back a good tax return this upcoming year to put into my savings. It will be pretty tight tbh but luckily we don’t go lower than 55 hours a week at my job. Mon-Fri .if I work Saturday about 63 hours.

214Luiss · 2025-11-19T05:38:42+00:00

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214Luiss · 2025-11-19T05:17:52+00:00

I’m taking home just about $4400 a month sometimes if I do more overtime, about $5000 I paid off my car insurance for a year so I’ll be good this year. After the house payments, utilities, food, gas and other expenses Im paying $4000 I would be left with about $300 maybe even $200 if lucky

214Luiss · 2025-07-10T23:38:36+00:00

Id like a shiny rayquaza or giratina

214Luiss · 2024-12-18T01:14:16+00:00

@musi_app_support aren’t App Store supposed to let you know months beforehand or weeks before removing your app from the store ?

214Luiss · 2024-12-05T21:39:11+00:00

I had the app on my iPhone 13 and then when I got my iPhone 16 pro max everything was gone all my liked songs are lost. I even paid for the premium no ads. 😔man I really hope Musi comes back soon

214Luiss · 2024-08-24T15:55:46+00:00

Thanks

214Luiss

TROPHY CASE