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Updated 9 months ago, 03/30/2024

Mike Gratzmiller's profile image
Mike Gratzmiller's profile image
Mike Gratzmiller
Pro Member
  • Member since Nov 22, 2022
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User Stats

11
Posts
4
Votes
Mike Gratzmiller's profile image
Mike Gratzmiller's profile image
Mike Gratzmiller
Pro Member
  • Member since Nov 22, 2022
Connect
Mike Gratzmiller
Pro Member
4
Votes |
11
Posts
Private Lending & Conventional Mortgage Advice

Buying Points Down

Mike Gratzmiller
Pro Member
Posted

looking for advice on Points buy down... Loan of $162,000 (SFH) is currently at 6.275. I'm being told I have the option to buy it down to 5.75. How many points would that be? Do you think it's worth the $$ to do so... approx $3,150 to make that move.

Appreciate any and all advice... I'm a first time buyer.

  • Mike Gratzmiller
    • Pittsburgh, Pennsylvania
    1 Vote
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