Tagged Questions
1
vote
2answers
122 views
Mortgage points vs. down payment: How should I look at the break even point?
Some relevant questions are here:
What are points on a mortgage?
Should I pay points on my mortgage?
First Time Home Buyers - Down Payment, PMI and Points
I am aware that most people look at the ...
4
votes
2answers
86 views
Paying for mortgage points vs investing that money
First time home buyer here.
So I've been reading about points and how an up-front payment can save you money in the long term. At first, the numbers seem pretty convincing. For example, pay $5000 ...
7
votes
2answers
93 views
11
votes
3answers
205 views
Should I pay points on my mortgage?
We're looking into refinancing from a 30 year mortgage at 5.5% (currently 23 years left) to a 20 year mortgage at 4.5%. Paying points will reduce the rate somewhat, but since we don't have extra ...
