For the Rookies

[IVE GOTTA PACKAGE 4U]

Congrats man, I recently started driving as well and I'm currently saving for a down payment. Wish I could afford a house like that lol, mine will probably be half the size.

If you got good credit, now is the time to buy.
The interest rates are so low,it's crazy.

Save hard.

 

[Savvy412]

congrats.

if you can afford to put a little extra on principle every month that is a great way to pay off early. we started with an extra 100 and worked up to an extra 500 a month.

paid off house 13 years early and saved over 135,000 in interest payments. also was able to retire early because of no more house payments.

good thread , BTW, to show young people that hard work pays off.

Will try to do

 

[IVE GOTTA PACKAGE 4U]

Will try to do

May I ask what interest rate you got?

 

[wayfair]

Your cost of living is clearly lower than mine. That's no less than $500,000 dollars worth of home here, depending on the neighborhood it's $600k. You aren't buying that here working on that low of pay.

Anyway. Congrats, that'll be a nice little place to raise a young family. The sky is the limit bud, keep on climbing

A $500,000 home here would have acreage + 3,500 sq ft!!

 

[IVE GOTTA PACKAGE 4U]

A $500,000 home here would have acreage + 3,500 sq ft!!

Puerto Rico?

 

[DriveInDriveOut]

May I ask what interest rate you got?

I got 4.125 less than a year ago even with my wife's mediocre fico.
Only downside to the process was that she found out how much money I'm making. Now she won't shut up about how cheap I am.

 

[Holydriver]

A $500,000 home here would have acreage + 3,500 sq ft!!

where i grew up it would be too. where i live now its nothing. a cookie cutter house with cookie cutter neighbors that differentiate themselves from all the rest with stupid vanity plates on their same old SUVs and BMWs.

 

[Holydriver]

I got 4.125 less than a year ago even with my wife's mediocre fico.
Only downside to the process was that she found out how much money I'm making. Now she won't shut up about how cheap I am.

you hide your finances from your wife? genius

 

[IVE GOTTA PACKAGE 4U]

I got 4.125 less than a year ago even with my wife's mediocre fico.
Only downside to the process was that she found out how much money I'm making. Now she won't shut up about how cheap I am.

I bought my house in the early 90's 8% for a 30 year and 7 and 3/4 for a 15. And that was the best rate with A1 credit.

 

[BakerMayfield2018]

I bought my house in the early 90's 8% for a 30 year and 7 and 3/4 for a 15. And that was the best rate with A1 credit.

WDFD

 

[wayfair]

Puerto Rico?

http://www.oklahomeseller.com/listi...ern-creek-drive-oklahoma-city-oklahoma-73165/

 

[BakerMayfield2018]

I bought my house in the early 90's 8% for a 30 year and 7 and 3/4 for a 15. And that was the best rate with A1 credit.

 

[IVE GOTTA PACKAGE 4U]

http://www.oklahomeseller.com/listi...ern-creek-drive-oklahoma-city-oklahoma-73165/

Even worse...lol

 

[BakerMayfield2018]

you hide your finances from your wife? genius

 

[IVE GOTTA PACKAGE 4U]

you hide your finances from your wife? genius

It's teamwork, if you wanna make it.

 

[billerz]

If you got good credit, now is the time to buy.
The interest rates are so low,it's crazy.

Save hard.

Yea I am, just waiting for enough to put 20% down. I really don't want high payments.

 

[IVE GOTTA PACKAGE 4U]

Yea I am, just waiting for enough to put 20% down. I really don't want high payments.

I understand that. Take advantage of the low interest rates
A point or two can really Jack up your payment

 

[BakerMayfield2018]

It's teamwork, if you wanna make it.

 

[BakerMayfield2018]

I understand that. Take advantage of the low interest rates
A point or two can really Jack up your payment

 

[Overpaid Union Thug]

Your cost of living is clearly lower than mine. That's no less than $500,000 dollars worth of home here, depending on the neighborhood it's $600k. You aren't buying that here working on that low of pay.

Anyway. Congrats, that'll be a nice little place to raise a young family. The sky is the limit bud, keep on climbing

The differences in the cost of living and home prices around the country are amazing. That's about a $145k house on my side of town and $120 or less on the "bad side".