Monday, June 11, 2018 / by Bryan Arnold
What does that mean for you? Going from 4.5% to 5.0% on a $250,000 home on a 5% down loan will increase your total interest paid over the life of the loan by roughly $27,000. If they go to 5.5%, that number increases even more dramatically.
If you are thinking about buying and are wondering where to start, don't hesitate to reach out. I'm available 8 am - 9 pm daily. Text or call 219-776-0622.