My new mortgage is a VA loan, nothing down, no origination fee. 3.75%. Had I put down 10% I would have only knocked the percentage down an eighth of a point. Historically speaking 3.75% is pretty awesome.
Had I put down 10% I would have only knocked the percentage down an eighth of a point”
I ran the numbers one time, and at no time in my calculations did paying extra money up front in any fashion was the resulting drop in interest rates worth the upfront costs. Of course, my calculations look into account the future value of money.