• Home
  • About
  • Buy a Home
    • VA Loans
  • Contact
  • Happy Hour Event
  • Blog
  • Happy Clients
ROAD TO HOME MORTGAGE
  • Home
  • About
  • Buy a Home
    • VA Loans
  • Contact
  • Happy Hour Event
  • Blog
  • Happy Clients

BLOG 

Should I Buy Down My Rate?

10/18/2019

0 Comments

 
This is a common question that many Arizona home buyers have been asking me! The answer depends on how long you plan to live at your current house. Many times the break-even on the amount of money you spend up front vs. the amount of money you save monthly can be many years. 

Every scenario is different because sometimes with higher loan amounts in Arizona, the time to recoup the upfront cost of buying down your rate is only a few years. In this example it was over 11 years for it to make sense for this Gilbert homeowner! 

Watch the video below, and reach out to us if you have questions on your loan, and if you should buy down the rate or not. 
0 Comments



Leave a Reply.

    THE Road to Home Team

    There is a lot to learn about mortgages and real estate. We are here to help! Check out our blog posts!

    Archives

    June 2020
    May 2020
    November 2019
    October 2019
    December 2018
    November 2018
    August 2018
    July 2018
    June 2018
    May 2018

    Categories

    All
    Home Mortgage
    Real Estate Agent In Arizona

    RSS Feed

NMLS for Road to Home Mortgage, LLC # 1752943
​AZ MB# 0907030
CA License #: 60DBO87245 
OR License # ML-5721
NV License #4973
​
11811 N. Tatum Blvd. Suite 3031-4B
Phoenix, AZ 85028



Picture
Picture
Picture
Picture


​Call Today
​602-888-7990

Get Started Now!
©2017 Road to Home Mortgage, LLC 
All Rights Reserved
  • Home
  • About
  • Buy a Home
    • VA Loans
  • Contact
  • Happy Hour Event
  • Blog
  • Happy Clients