LOKING FOR ADVICE.
Good morning BP family,,
I am looking for advice on this new activity for my new purchase: I was approved by a funding company for $250,000 in the following terms:
loan balance $ 250.000
Interest rate 3%
loan term 30 years
Number of payments 360
Monthly loan repayment $1.054
Cumulative payments $ 379.443
Total interest paid $ 129.343,60
To receive that deposit in my account I must pay a fee for 1125 to them to make it effective,
My question is: is that normal to be able to receive it?
Thank you for any advice you can give me, I'll be attentive.