Buying points gives you a guaranteed return equal to the interest saved. Investing your money in the market gives an expected but not guaranteed return.
Historically, the stock market has returned 7-10% annually. The guaranteed return from buying points is typically 6-7% in interest savings. Your risk tolerance is the deciding factor.
Guaranteed Return vs Variable Return
Patrick Kevin Fagan explains guaranteed return vs variable return for homebuyers in San Antonio and the Texas Hill Country. A detailed comparison of buying mortgage points versus investing your cash in the market.
Risk Analysis
Patrick Kevin Fagan explains risk analysis for homebuyers in San Antonio and the Texas Hill Country. A detailed comparison of buying mortgage points versus investing your cash in the market.
Historical Comparison
Patrick Kevin Fagan explains historical comparison for homebuyers in San Antonio and the Texas Hill Country. A detailed comparison of buying mortgage points versus investing your cash in the market.
Decision Framework
Patrick Kevin Fagan explains decision framework for homebuyers in San Antonio and the Texas Hill Country. A detailed comparison of buying mortgage points versus investing your cash in the market.
