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How did I do on my finance rate with 15% down?

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How did I do on my finance rate with 15% down?

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Old 07-15-2008, 11:33 AM
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Default How did I do on my finance rate with 15% down?
I got 6.87% fixed with 15% down on a 15 year loan. Total price was $65K before the down payment. How does it sound?
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Old 07-15-2008, 12:31 PM
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From who...???

Sounds good
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Old 07-15-2008, 12:35 PM
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Yup, sounds like you got a good rate.
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Old 07-15-2008, 01:22 PM
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My other option was 100% financing of the $65K for 7.75% over 15 years.

I went for the lower interest rate.
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Old 07-15-2008, 01:29 PM
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Originally Posted by SinkorSwim
From who...???

Sounds good
Jerry at Russo Financial got me the loan through US Bank or Bank US. Not sure which comes first.
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Old 07-15-2008, 06:50 PM
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I got the same rate with no money down in march. I financed a little less for 20 years.
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Old 07-16-2008, 07:40 AM
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Rates and the ability to get 100% financing has changed over the past few months.
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Old 07-16-2008, 08:33 AM
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are you talking about a boat purchase or a home or a business or commercial property or a farm or a.....i'm a mortgage broker....let me know if i can help....
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Old 07-16-2008, 08:56 AM
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Good enough - go use the boat - don't worry about the rate!!!
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Old 07-16-2008, 09:32 AM
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Sounds like $30,241.84 in interest to me. but who keeps a boat for 15 years anyway?
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