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frau kaleun · 04-10-13, 02:49 PM

Gah haven't heard anything more today at all.

I did do the numbers though for a possible "split the difference" deal, the difference in question is $9500 so I'd have to make up $4750 of that if she agrees. I could do that and still pay 20% on the appraisal value and probably keep my lower interest rate and not have to pay the mortgage insurance. I would not have as much of a cushion after closing costs and other expenses, but probably enough to keep me happy and let me do the few things I really want to do right away.

I'd also be financing a smaller amount, presumably on the same terms offered originally, which I assume would end up making my monthly payment smaller than I thought it would be going in... which means I could make up for some of the padding taken out of my cushion a bit more quickly, lol.

I asked the bank to shoot me some numbers on that so if that's how it ends up working out I'll be prepared to say yeah or nay on it.

04-10-13, 02:49 PM	#208
frau kaleun Rear Admiral Join Date: Nov 2009 Location: Skyri--oh who are we kidding, I'm probably at Lowe's. Again. Posts: 12,706 Downloads: 168 Uploads: 0	Gah haven't heard anything more today at all. I did do the numbers though for a possible "split the difference" deal, the difference in question is $9500 so I'd have to make up $4750 of that if she agrees. I could do that and still pay 20% on the appraisal value and probably keep my lower interest rate and not have to pay the mortgage insurance. I would not have as much of a cushion after closing costs and other expenses, but probably enough to keep me happy and let me do the few things I really want to do right away. I'd also be financing a smaller amount, presumably on the same terms offered originally, which I assume would end up making my monthly payment smaller than I thought it would be going in... which means I could make up for some of the padding taken out of my cushion a bit more quickly, lol. I asked the bank to shoot me some numbers on that so if that's how it ends up working out I'll be prepared to say yeah or nay on it.