n*****s
发帖数: 10232 | 1 一朋友买房子，loan officer说建议7年ARM。现在那个loan officer大概能拿到的利率
是7年ARM是4.875，30年fixed大致5.125（好像我们这里rate相对高些，不清楚原因）
，到底7年ARM划算不划算？他有可能7年内会把房子卖掉，但是并不绝对 |
p*a
发帖数: 3350 | 2 差这么少还是固定利率吧
ARM那东西没准。老美跳水的房子一大半是ARM害的
【在 n*****s 的大作中提到】
: 一朋友买房子，loan officer说建议7年ARM。现在那个loan officer大概能拿到的利率
: 是7年ARM是4.875，30年fixed大致5.125（好像我们这里rate相对高些，不清楚原因）
: ，到底7年ARM划算不划算？他有可能7年内会把房子卖掉，但是并不绝对
|
C*******d
发帖数: 15836 | 3 30年fixed
or
15年fixed if you can afford (you might get similar or even better rate than 7年ARM). |
n*****s
发帖数: 10232 | 4 这个东西对他来讲是不是关键看7年内卖掉房子的几率有多大？
【在 p*a 的大作中提到】
: 差这么少还是固定利率吧
: ARM那东西没准。老美跳水的房子一大半是ARM害的
|
n*****s
发帖数: 10232 | 5 其实我也是这么跟他说的，我觉得如果30年是5.125，那15年很可能甚至低于4.875。
loan officer这么推荐ARM，这里面有没有猫腻？
than 7年ARM).
【在 C*******d 的大作中提到】
: 30年fixed
: or
: 15年fixed if you can afford (you might get similar or even better rate than 7年ARM).
|
l***a
发帖数: 12410 | 6 the benefit of ARM is you can have low rate and at the same time don't need
to pay much principle monthly.
but you have to take the risk of the risk floating after 7 years. if it goes
back to over 6%, than you are very likely losing money
than 7年ARM).
【在 C*******d 的大作中提到】
: 30年fixed
: or
: 15年fixed if you can afford (you might get similar or even better rate than 7年ARM).
|
l***a
发帖数: 12410 | 7 did some calculation this morning:
suppose loan 120,000
now 30 fixed rate 5.125%, 7 arm rate 4.875%
1)
if choose 30fixed then
monthly pay 653.38
total pay 235,218.37
monthly interest 320.05
2)
if choose 7arm then in the first 7 years
monthly pay 635.05
monthly interest 301.72
3)
then after 7 years, the total principle left is
120,000-(635.05-301.72)*12*7=92,000
and compared to 30fixed total pay left is
235,218.37-635.05*12*7=181,874.17
there are 30-7=23 years left
4)
now the question is how much
【在 n*****s 的大作中提到】
: 一朋友买房子，loan officer说建议7年ARM。现在那个loan officer大概能拿到的利率
: 是7年ARM是4.875，30年fixed大致5.125（好像我们这里rate相对高些，不清楚原因）
: ，到底7年ARM划算不划算？他有可能7年内会把房子卖掉，但是并不绝对
|
f*****g
发帖数: 15860 | 8 realistically, no need to calculate to such details, 7 years is pretty long
(for first house), and like upstairs said, it's very likely they'll sell
during these 7 years.
ARM is not evil at all (unless you're sicheng), just like FIX is not ideal
either. you pay extra interest for some "confidence" (or "insurance"), which
actually you'll never need.
【在 l***a 的大作中提到】
: did some calculation this morning:
: suppose loan 120,000
: now 30 fixed rate 5.125%, 7 arm rate 4.875%
: 1)
: if choose 30fixed then
: monthly pay 653.38
: total pay 235,218.37
: monthly interest 320.05
: 2)
: if choose 7arm then in the first 7 years
|
m***y
发帖数: 14763 | 9 Nice,
I'll bet Uncle Sam can't keep it below 6.78% in seven years. But again, most
Old Centers might save enough to pay off the balance in seven years anyway.
【在 l***a 的大作中提到】
: did some calculation this morning:
: suppose loan 120,000
: now 30 fixed rate 5.125%, 7 arm rate 4.875%
: 1)
: if choose 30fixed then
: monthly pay 653.38
: total pay 235,218.37
: monthly interest 320.05
: 2)
: if choose 7arm then in the first 7 years
|
l***a
发帖数: 12410 | 10 en, understand what you are saying.
I did the calculation was just to see if any extreme number will show up so
that there is a nobrainer answer... hehe
I don't know much about loans, so the 23 years assumption might not be
reasonable. (not considering refi) how does the loan work after 7 year arm?
is there going to be another chance for the borrower to look at rates and
choose 15 vs 30 fixed?
long
which
【在 f*****g 的大作中提到】
: realistically, no need to calculate to such details, 7 years is pretty long
: (for first house), and like upstairs said, it's very likely they'll sell
: during these 7 years.
: ARM is not evil at all (unless you're sicheng), just like FIX is not ideal
: either. you pay extra interest for some "confidence" (or "insurance"), which
: actually you'll never need.
|
|
|
p*a
发帖数: 3350 | 11 your principal calculation for 7 years of the 30 yrs loan is incorrect
利率
因）
【在 l***a 的大作中提到】
: did some calculation this morning:
: suppose loan 120,000
: now 30 fixed rate 5.125%, 7 arm rate 4.875%
: 1)
: if choose 30fixed then
: monthly pay 653.38
: total pay 235,218.37
: monthly interest 320.05
: 2)
: if choose 7arm then in the first 7 years
|
l***a
发帖数: 12410 | 12 so, you think the rate will be higher than 6.78% in a not far future?
btw, what's the rate before the economy crushed?
most
anyway.
【在 m***y 的大作中提到】
: Nice,
: I'll bet Uncle Sam can't keep it below 6.78% in seven years. But again, most
: Old Centers might save enough to pay off the balance in seven years anyway.
|
l***a
发帖数: 12410 | 13 yea... the monthly principle paid is gradually increased. so the actual
principle left after 7 years is more than 92k. is that what you are saying?
I used average. just have no idea how to get a better number :(
【在 p*a 的大作中提到】
: your principal calculation for 7 years of the 30 yrs loan is incorrect
:
: 利率
: 因）
|
p******y
发帖数: 98 | 14 我会选择做7ARM, 因为7年，我要么已经付清了，要么就卖了。
但是LZ说的这个利率有问题，7ARM的利率4.875也太高了。
我做的15 year fixed，也才4.375. |
t*****y
发帖数: 230 | 15 I got 3.875 at Wells Fargo for 7arm or 4.375 for 15 fixed at 10/20 |
p**e
发帖数: 676 | 16 同感
【在 p******y 的大作中提到】
: 我会选择做7ARM, 因为7年，我要么已经付清了，要么就卖了。
: 但是LZ说的这个利率有问题，7ARM的利率4.875也太高了。
: 我做的15 year fixed，也才4.375.
|
h*********e
发帖数: 6997 | 17 你这个又低得离谱，如果是5ARM还差不多。
你确定不用付点数？
【在 t*****y 的大作中提到】
: I got 3.875 at Wells Fargo for 7arm or 4.375 for 15 fixed at 10/20
|
p**e
发帖数: 676 | 18 ZILLOW 上面确实有BROKER报 7/1ARM 3.875% 的 RATE，no points, fee about $1400.
15 fixed 4.25% rate, no points, fee about $1400.
【在 h*********e 的大作中提到】
: 你这个又低得离谱，如果是5ARM还差不多。
: 你确定不用付点数？
|
g*********9
发帖数: 172 | 19 这个fee是总共需要付给lender的fee吗？ 也就是800部分？
1400.
【在 p**e 的大作中提到】
: ZILLOW 上面确实有BROKER报 7/1ARM 3.875% 的 RATE，no points, fee about $1400.
: 15 fixed 4.25% rate, no points, fee about $1400.
|
f********r
发帖数: 904 | 20 如果你理财意识强，相对来说７年或５年ａｒｍ的利息比３０的合算，首先７／５这些
强项是整体利息低，尤其第一年相对低，从图表上看还本金，３０是斜线向上，７／５
年也是斜上锯齿形，整体斜率不如３０年的高，如果你用３０年的理财意识应用在７／
５年的方式上，对你是省钱的，何况７／５ａｒｍ的重新贷款是没有任何费用的 |
p**e
发帖数: 676 | 21 YES
【在 g*********9 的大作中提到】
: 这个fee是总共需要付给lender的fee吗？ 也就是800部分？
:
: 1400.
|
