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Old 05-18-2003, 02:30 PM  
Peaches
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Join Date: Oct 2002
Location: Away
Posts: 13,933
Quote:
Originally posted by DrewKole
Aye... good thing is, you wont be out of pocket for more than $400 or so, if any.

Bad news is, you'll be rolling in more $$$ into your loan, so... if you're moving soon, may not be a great idea... less you have a ton of equity, and want to save the $$$ per month now.
Are you rolling the fees into your mortgage? If you're doing that then you're paying interest on the FEES over the next 15-30 years, depending on your loan term. Don't do that! Especially if it means you'll have negative equity and/or have to pay PMI because you don't have 20% equity.
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