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Updated over 7 years ago,

User Stats

205
Posts
66
Votes
Brad E.
  • Investor
  • Athens, GA
66
Votes |
205
Posts

How to decide between rate and down payment

Brad E.
  • Investor
  • Athens, GA
Posted

What is the best/easiest way to decide between a rate and out of pocket cash?

For example is it better to do a 30 yr 5.1% rate @ 20% down payment or 4.875 rate @ 25% down payment.   Not sure which metric I should be looking at...

Thanks!

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