Should You Buy Down Your Rate? #realestate #homeloan #mortgage #rate #homebuyers #homeownership

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Should you buy your rate down?  
 
Its not always a bad idea, but I think people really underestimate really how much of an investment they are making for usually, a really small return that takes so long to pay off.
 
This breakeven calculation is bad of the napkin. If you do it for really, you consider things like increased amortization, mortgage interest, etc... But that doesn't make a massive difference.

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