09/08/2025
A $400,000 with 5% down and a 6.29% rate has a total estimated payment of roughly $2,850 per month.
A $400,000 with 5% down and a 5.500% rate has a total estimated payment of roughly $2,650 per month.
$7-$20 a day doesn’t seem worth the wait or the risk of the inventory disappearing and prices going up again. You can always refinance down the road just pick the right lender that makes it easy to refi!
These numbers are just an example kit and very rough numbers. If you are renting and just burning money by doing that let’s talk. If you need to upsize or downsize let’s talk. Call us today for your new adventure that we can help make smooth and easy. 🙂