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Best Mortgage deal in California
Repost
1 month ago
"🔍 Think a lower rate means a better deal? Not always! Let’s break it down:
💰 Scenario:
Buying a $400K home with 10% down:
Lender A: 6.875% with no points = $2,365/month
Lender B: 6.375% with $3,600 upfront = $2,246/month (saves $119/month)
📊 Break-Even Point:
It takes 30 months to break even on the upfront cost. But what if you move or refinance
before then?
💡 The Real Deal:
A lower rate isn’t always the best deal—look at the full picture!
Need help finding the best mortgage deal? Contact me today or visit munshi.biz! 🏡 Contact us at https://munshi.biz/borrowing/hard-money-real-estate-loans/
#MortgageTips #RealEstate #HomeBuying #SmartFinance #MortgageAdvice
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