Wiping out saving to assume a 2.25 mortgage
Wiping out saving to assume a 2.25 mortgage Once in a lifetime opportunity to buy dream house and assume a 2.25 percent mortgage. Would have to wipe out all my savings and borrow 20k from family for it. Monthly mortgage is what I pay now in rent. Would you do it? Edit: It's an assumable VA loan and I have to pay the equity out to the seller.
submitted by /u/1manbandman