Not closing cost

The longer the term of your loan and the big portion goes to interest and not your principle.

10 year loan, monthly payment is 2300 and 490 is interest and 1800 is principle.

30 year loan, monthly payment is 1000 and 650 is interest and 350 is principle.

I prefer shorter loan based on that reason.

 

所有跟帖： 

• 你肯定很有钱。我们这些没钱的只能让人家赚利息，被割肉喝血。没办法，没有这么多钱月付啊。 -sweetptt- ♂ (0 bytes) () 12/20/2012 postreply 20:59:21

• 回复：你肯定很有钱。我们这些没钱的只能让人家赚利息，被割肉喝血。没办法，没有这么多钱月付啊。 -Iamcc- ♀ (376 bytes) () 12/20/2012 postreply 21:04:06

• Co sweetptt: at current rate money is almost free.千载难逢。 -borisg- ♀ (0 bytes) () 12/20/2012 postreply 21:02:42

• 这么算就没办法了，实际上把投资房当生意来看的话这算法是大亏了 -MrsKwok- ♀ (0 bytes) () 12/20/2012 postreply 21:05:30