Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Buy Down?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Considering buying down 500K mortgage to 420K. Intrest rate would drop half a point and payment monthly payment would drop 1K. SO may lose job this summer and the extra cash would be nice to have. We have the cash in savings for the buy down and have no other debt whatsoever. Thoughts?[/quote] Letting go of 80 grand in cash is not a good idea with SO's job at risk. Unless, you've got a pile more.[/quote] I agree. Can you do a no cost refi and at least lower payment a little?[/quote] We'd have another 50K left over and my job is very stable and at around 150K/year. The total payment would come in at approx. 2500/month, house is worth around 900K and we have another house on the bay that we own outright.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
