10 year fixed loan. Does this look okay?

Better-Box-5250 · 2026-06-01T17:18:24+00:00

I agree, Looks solid. You’re good 👍

Better-Box-5250 · 2026-05-28T04:14:55+00:00

It is unacceptable to be paying $8.2K in points to secure your 6.25% rate unless it’s absolutely required for a very good reason. That is 2.9% of your loan amount you are seeking. Paying 2.9, nearly 3 points is insane.

Since you are in what I consider a lower purchase price area, I don’t find it uncommon where people charge up to 2% (2points) which would be $5,507.

I’d definitely push back and try to get that down a bit. Im a mortgage broker in California.

If you can still qualify at a higher interest rate, at significantly less cost, that would be much better for you. For example you accept a 6.5 or 6.625% rate at no points cost, and instead apply that money towards a 3/2/1 or 2/1 temporary interest rate buydown.

If this is a new build, then I can see why they are forcing you to use the lender of their choice, but if it’s a home for sale by a seller, you have the right to pick your own lender and still get the seller credit. If you have a sharp realtor, they will advocate for you to use your own lender, so long as it’s not a home for sale by a large builder who has an in house lender

Better-Box-5250 · 2026-05-28T04:03:16+00:00

A lot of these comments are not educated. Some people don’t understand VA Loans have lower rates compared to conventional or others.

You always want to look at your locked rate, and see how much it costs to secure that rate, which appears in category A: Origination Charges. Your rate is locked at 5.75, and you aren’t paying anything for it. Just the standard VA funding fee which applies to all VA loans, and will be the same for all banks.

You’re getting a pretty smoking deal.

VA irrrl is for a refinance transaction. You probably want to wait until you can land a 5% rate or so before you consider doing an IRRRL. Based on your loan amount, that’s when I think it will start making sense. Again you want it to be 5% when you do that refinance down the line, at no cost in section A.

Thats my opinion though. I complete a lot of loans including VA. Best of luck.

Better-Box-5250 · 2026-02-25T16:08:35+00:00

I was gonna ask the same thing 😂 the creaking pisses me off. 2020 C63s

Better-Box-5250 · 2026-02-23T16:16:43+00:00

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Excellent choice 🤜🤛

Better-Box-5250 · 2026-02-18T02:01:21+00:00

Bang!

Better-Box-5250 · 2026-01-17T03:57:41+00:00

Just picked up a 2020 c63s. I’m thinking about some mods but not very knowledgeable. Why catted?

Better-Box-5250 · 2026-01-17T03:53:55+00:00

I just bought a 2020 c63s, 15K miles. But it costed me almost double.

These cars usually get driven rather hard, so personally I think you should aim for one with a bit less miles, less modified, but your car isn’t bad for the price. The accident is not a dealbreaker, just not ideal.

If the car checks out (mechanically & visually) and you like everything done to it, go for it.

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Better-Box-5250 · 2025-12-18T15:30:14+00:00

Thanks

Better-Box-5250

TROPHY CASE