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746

Enough said. Am I right, or am I right. No question mark, I’m correct in my assessment. Total percentage of interest paid on a 30 year mortgage is 96 some odd percent. The good rabbi wants me to pay 500k on a 255k home. Here’s hoping the usd ain’t worth shit all next year, that’ll show em.

Enough said. Am I right, or am I right. No question mark, I’m correct in my assessment. Total percentage of interest paid on a 30 year mortgage is 96 some odd percent. The good rabbi wants me to pay 500k on a 255k home. Here’s hoping the usd ain’t worth shit all next year, that’ll show em.

(post is archived)

[–] • 2 pts

There is a reason why students are not taught math at school

or, if they learn math or finance, they never cover fully the idea of interests or compound interests

[–] [deleted] • 0 pt

indeed.

[–] • 0 pt

Fuck the jews.

Fuck em worse, pay cash. If you cant pay cash. make extra payments, make sure they go specifically to principal, in as much as you can possibly afford. Every spare dollar.

[–] • 0 pt

Cash, extra payments… sure thing, soon as the jews running the lottery sell me a winning ticket.

[–] • 0 pt

Then you are trying to live too far above your means.

[–] [deleted] • 0 pt (edited )

Makes me really curious to know what they do with the 90% interest. On top of it the average home is sold every 5 (13 years according to national realtors)years, which means (40%) a lot of people are paying mortgage insurance. The realtors are taking 6% cut every time it’s sold. The title underwriters are take $3500 every flip. Which explains why I recently read that Americans are paying 3% of their income to actual principal, which seems like a ridiculously low number. But if you consider the above information, it starts to make sense. Edit math error. Jews are taking more than 50%

When I sold my last house I called some realtors and two showed up together for the pitch. One was obviously a well behaved nigger. Towards the end the White guy hands me his card. It read Ethanwitzski-cohen some shit.. A Nigger AND a jew showed up at my house lmao, still laughing to this day.

[–] • 0 pt

For the most part financial institution don't service loans anymore or even plan too. They keep some in a portfolio for accounting reasons but the vast majority are sold.

How it works:

Your loan is assigned a score based upon rate, market direction, your likelyhood of default, etc. That loan is then sold to someone at an agreed rate.

e.g.

  • A bank makes a loan for 250K.
  • You have good credit and rates are expected to only go up.
  • It is likely that your loan will be sold to someone for more 250K (the bank makes money on fees and the investor expects to be able to collect for a while)

e.g. 2

  • A bank makes a loan for 250K
  • You have mediocre credit and rates are expected to go down making a refi likely
  • Your loan is likely sold for less than 250K (the bank makes their money on fees and calls it a day the investor is "gambling" on how long you make payments before refinancing")