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re: Daily Mortgage Advice Question
Posted on 5/17/24 at 8:09 pm to CajunDoc
Posted on 5/17/24 at 8:09 pm to CajunDoc
No student loans for medical school? Looked at your post history and the neighborhood ranges from 1.5-1.8 million currently (not sure if you got in cheaper). 30% is a solid down payment. I wouldn’t buy the rate down now with points, since you can hopefully refinance in a year or two with lower rates. Either you wife is a doctor as well, or you went into a lucrative specialty, considering that price point.
Posted on 5/17/24 at 11:26 pm to Ric Flair
quote:
No student loans for medical school? Looked at your post history and the neighborhood ranges from 1.5-1.8 million currently (not sure if you got in cheaper). 30% is a solid down payment. I wouldn’t buy the rate down now with points, since you can hopefully refinance in a year or two with lower rates. Either you wife is a doctor as well, or you went into a lucrative specialty, considering that price point.
He’s probably doing really well. I couldn’t imagine building a 1.5 million dollar home with 30% down. I wouldn’t be able to sleep at night. That’s at least a $10,000 a month mortgage in Houston
This post was edited on 5/17/24 at 11:34 pm
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