In this short, I break down how to properly structure a mortgage by comparing two different loan scenarios with different monthly payments, discount points, and overall savings.
I’ll show you:
• How discount points actually work
• How to calculate your monthly savings
• How to find your breakeven point
• Why the “lowest rate” isn’t always the smartest option
If you’re buying a home, using a VA loan, or refinancing, understanding this could save you THOUSANDS over time.
Need help figuring out what loan structure makes the most sense for your situation?
I’ll show you:
• How discount points actually work
• How to calculate your monthly savings
• How to find your breakeven point
• Why the “lowest rate” isn’t always the smartest option
If you’re buying a home, using a VA loan, or refinancing, understanding this could save you THOUSANDS over time.
Need help figuring out what loan structure makes the most sense for your situation?
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