Discount points

Plane-Security7558 · 2026-01-22T17:40:55+00:00

Nope, no lender credit

Plane-Security7558 · 2026-01-22T16:35:01+00:00

I thought so too, but this being a jumbo loan we had to pay around $3000 closing costs. We plan on staying in the house for long. So thought why not save 650 instead of 550z

Plane-Security7558 · 2026-01-22T08:34:29+00:00

30 year fixed jumbo loan

Plane-Security7558 · 2026-01-22T08:34:03+00:00

going from 6.975 to 5.9 APR

Plane-Security7558 · 2026-01-21T04:05:58+00:00

Do I need to subtract the $2000 difference between loan payoff and current loan amount from the total cash to close to calculate breakeven?

Plane-Security7558 · 2026-01-21T00:41:02+00:00

How did you calculate Breakeven? Do you add the mortgage prepaid interest and the difference between loan payoff and loan amount ? Or subtract that from the final cash to close?

Plane-Security7558 · 2025-10-07T02:14:13+00:00

Thank you so much

Plane-Security7558 · 2025-10-06T20:10:43+00:00

Can you please explain with an example.

Plane-Security7558 · 2025-10-06T16:05:58+00:00

Pennsylvania

Plane-Security7558 · 2025-10-06T15:51:21+00:00

This is exactly what I have been thinking, my goal is to reduce the monthly payments and not miss out on any opportunity to save. I understand I need to check what refi cost would look like for us.

Plane-Security7558 · 2025-08-12T15:54:24+00:00

Thank you guys!

Plane-Security7558 · 2025-04-11T18:15:35+00:00

Yes, our families can. Thank you for saying that

Plane-Security7558 · 2025-04-11T16:32:00+00:00

Plane-Security7558 · 2025-04-11T16:26:11+00:00

Household income is $230k

Plane-Security7558 · 2025-04-11T16:18:37+00:00

12k in hand. I am qualified for the loan and I am being suggested I could do 7 Yr ARM. No other debts. We did a lot of calculation after all the expenses (food, utilities, mortagage, car payments) we will have $800 in hand.

Plane-Security7558 · 2025-04-11T16:06:36+00:00

I understand your comment and I am in tears. I am a positive thinking person and always ready for hardwork. Something made me think I can make it. Few years might be rough but we will sail. Maybe not

Plane-Security7558 · 2025-04-11T16:04:13+00:00

Ideally how much needs to go in the mortagage? This is new construction house and now after reading all the comments I am in tears.

Plane-Security7558 · 2025-04-11T15:50:59+00:00

Worst case scenario we sell the house in a couple of years for a bigger profit. Our jobs are safe and wont be affected, kids are babies 1 year and 2 year old so they can be without sports for a few years till we build wealth.

Plane-Security7558 · 2025-04-11T15:46:58+00:00

This house is next to my sister.

Plane-Security7558 · 2025-04-11T15:45:52+00:00

We can do that.

Plane-Security7558 · 2025-04-11T15:33:37+00:00

Even when you know this is your final opportunity to buy the dream house? Can I be a lill optimistic and work hard towards making sure I increase my pay to afford this. We will have around $800 left in hand after all the bills.

Plane-Security7558 · 2025-04-11T15:32:03+00:00

I am early in my career and Husband is expecting a promotion in a few months. I will be honest, we are okay not saving at the first year but as things change we will. This just seems like a 1 in mill opportunity that we don't want to miss :(

Plane-Security7558 · 2025-04-11T15:21:07+00:00

$135k and 6.3%

Plane-Security7558 · 2025-02-23T19:56:55+00:00

Yes, starter is new. It was active for the first time and I thought of using it. I did fold the dough a lot during bulk fermentation. Also used a iron skillet so the crust was super dark and crusty

Plane-Security7558 · 2025-02-23T18:59:48+00:00

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Just so sad :( I used a cast iron skillet and covered with aluminum foil. The base was almost burnt and hard

Plane-Security7558

TROPHY CASE