You place a beneficial percentageof the latest home’s well worth down and obtain the fresh new rest through your real estate loan
You place a beneficial percentageof the latest home’s well worth down and obtain the fresh new rest through your real estate loan This will be entitled a zero point loan A beneficial prepayment punishment try a price you have to pay in the event that you re-finance or pay off yourloan very early. Good prepayment punishment get pertain even though you promote your property. Such