Thursday, August 05, 2010

OUR Mortgage Update

I talked to my mortgage lady this morning.  I like her.  She is super nice and helpful and filled my morning with some good news.

  1. We may realistically be able to close by August 16th & fund by August 18th (which is also kinda scary).
  2. We're getting an interest rate of 4.25%!!!
  3. Our monthly payment is going to be LESS than our current rent, even though it's a bigger house with a full acre!  (Never mind the thousands of $$$ we're going to have to pay in taxes....)
  4. We're going to bring in LESS than we were planning to close...which means we'll have extra money to do some repairs and upgrades on the house sooner than we thought.  Yeah!

1 comment:

Aleena said...

That is GREAT news! Congrats!

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