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Am I getting a good deal on house and loan?

My wife and I recently sign up for a house and a house loan here in Henderson, Nevada.

The House buy price is 5,000, 2261sqft house, 7000+ sqft lot, built on 2002, 4 bedroom, 2.5 bath, 2 car garage, corner lot, gated community.

The House Loan interest rate we are getting is 5.5% and it is a FHA Loan with our own 3% Down Payment. Seller will be paying 3% Closing Cost. We are also going to provide the upfront Mortgage Insurance Premium so it is not going to be finance with it. We are closing on Oct. 10, 3 weeks from now. Comments and answers will greatly appreciated. :)

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This entry was posted on Tuesday, June 9th, 2009 at 11:14 am and is filed under FHA Mortgage Insurance Premium. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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One Response to “Am I getting a good deal on house and loan?”

  1. evilattorney says:
    June 9, 2009 at 11:14 am

    It’s a decent deal if it goes through. I’m hearing about FHA mortgages that are being place on hold right now. I hope yours closes.

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Tags: car garage,  closing cost,  fha loan,  finance,  henderson nevada,  insurance,  loan interest rate,  mortgage insurance premium,  upfront mortgage insurance, 

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