[quote=Jacarandoso][quote=AN][quote=Jacarandoso]AN, I was not playing financial advisor with my friendly wisecrack that rates are near 4% for 40 years. I was replying to the notion of taking as long as one can to pay the money back at around 4%.
Your post was different regarding aimloan rates for 30 and 40 years,at least for what I saw, so I cleared that up.[/quote]
You’re right, with the right lender, you can get near 4% for 40 years. Aimloan doesn’t have the best rates but it’s the easiest to get rate from for an average person.
Btw, what are your rates for 80% ltv vs 69.5%?[/quote]
Thanks, AN
At 500k purchase and 400k loan I get 3.875 for 30y and 4.5 for 40y at nearly same costs, using aim loan again.[/quote]
I see. If you’re using aimloan like me, then our disconnect is the cost. The rate I mentioned was $0 cost to a little credit.
