More downpayment and finance closing costs or less dowpayment and pay off closing?

More downpayment and finance closing costs or less dowpayment and pay off closing?

Member since 2023 · 1 post · 0 votes

is it better to to pay less down payment and pay off the closing cost of hard money loan or pay more downpayment and finance closing costs?.

The private lender is offering me 10.90% 6 months and 4 points, loan is for 360k, he said i could do 20% down and pay al closing costs or 30% down and finance closing costs., What woud save more money?

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  • 12 Penns Trail Suite 138 Newtown, PA 18940 · Member since 2023 · 1k+ posts · 319 votes
    2y

    did you get a preliminary hud to see what the closing costs are ? 

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