p***o
发帖数: 836 | 1 So confused. What's difference between closing 5/31 and 6/1 ? Assume daily
interest is $50, Do I *lose* $1500 if I close on 6/1 ???
Assume 15-yr mortgage, total interest is $X. If I close on 6/1 will I be
paying $X + $1500 ? Thanks ! |
b*d
发帖数: 9308 | 2 其实没有什么区别。如果5/31号Close，那么你的第一个Payment是7/1号，付的是6月的
利息。如果你6/1号Close,Close的时候Prepay一下6月的利息,然后下一个Payment是8月
一号。区别只是提前付6月的Payment而已。
daily
【在 p***o 的大作中提到】
: So confused. What's difference between closing 5/31 and 6/1 ? Assume daily
: interest is $50, Do I *lose* $1500 if I close on 6/1 ???
: Assume 15-yr mortgage, total interest is $X. If I close on 6/1 will I be
: paying $X + $1500 ? Thanks !
|
p***o
发帖数: 836 | 3 Thank you ! Assume 15-yr Total Mortgage interest payment from mortgage
calculator is $150K. If I close on June 1, it is still $150K, it is not $
150K + $1500 ? Thanks !
【在 b*d 的大作中提到】
: 其实没有什么区别。如果5/31号Close，那么你的第一个Payment是7/1号，付的是6月的
: 利息。如果你6/1号Close,Close的时候Prepay一下6月的利息,然后下一个Payment是8月
: 一号。区别只是提前付6月的Payment而已。
:
: daily
|
p***o
发帖数: 836 | 4 Interesting. 15-yr mortgage has 180 payments, if closing on 6/1 there is one
more payment for June. So 180 payment is the same as 181 payments ? |
y*******w
发帖数: 5917 | 5 Yes, but your first payment is interest only and is a little less than the
regular payment. You basically take a 30 days interest only loan + 15-yr
mortgage。
其实应该觉得自己赚了，interest only loan的利息要远大于15年定期，因为没有
prepay penalty，你总是可以多交钱把这个loan变成180 payment。
one
【在 p***o 的大作中提到】
: Interesting. 15-yr mortgage has 180 payments, if closing on 6/1 there is one
: more payment for June. So 180 payment is the same as 181 payments ?
|
b*d
发帖数: 9308 | 6 如果是6/1号close，你就是相当于有一个月的Interest Only的贷款，真正的15年是从7
/1开始算的。
one
【在 p***o 的大作中提到】
: Interesting. 15-yr mortgage has 180 payments, if closing on 6/1 there is one
: more payment for June. So 180 payment is the same as 181 payments ?
|
p***o
发帖数: 836 | 7 Excellent. I got it, I can always pay more principal to make mortgage finish
one month early, then they will be mathematically close.
【在 y*******w 的大作中提到】
: Yes, but your first payment is interest only and is a little less than the
: regular payment. You basically take a 30 days interest only loan + 15-yr
: mortgage。
: 其实应该觉得自己赚了，interest only loan的利息要远大于15年定期，因为没有
: prepay penalty，你总是可以多交钱把这个loan变成180 payment。
:
: one
|
p***o
发帖数: 836 | 8 Got it, Thanks !
从7
【在 b*d 的大作中提到】
: 如果是6/1号close，你就是相当于有一个月的Interest Only的贷款，真正的15年是从7
: /1开始算的。
:
: one
|
t**********j
发帖数: 382 | 9 You can also ask your agent to see if the lender can credit back your
interest for one day, so you start your 15 year on 6/1 and pay your first
payment on 7/1. |
b*d
发帖数: 9308 | 10 对，有时候Lender也是这么做的。不过总体来说，没有什么大的区别了。
【在 t**********j 的大作中提到】
: You can also ask your agent to see if the lender can credit back your
: interest for one day, so you start your 15 year on 6/1 and pay your first
: payment on 7/1.
|
