유학생으로 와서 이번에 첫집을 살려고 하는데요..
몇가지 궁금한 사항이 있습니다…

1. first time home buyer의 베네핏은 어떤게 있나요?
2. closing cost는 보통 어떻게 산정하는건가요?
(융자시 1%정도 융자회사에 주는게 있는거 같던데 맞나요?)
3. 만약 노다운에 유학생신분이라면 (크레딧은 한 650-700, 히스토리도 괜찮음) 어느 적정의 이자율을 받을수 있을까요?

일단, 이 세가지가 가장 궁금하네요…혹시 경험있는 선배님들이 계시면 많이 도와주세요…감사합니다..

As far as I know;

1. You get tax deduction for the interest portion of your mortgage payment and property tax. Deduction means you are taxed as if you earned your income minus these portion(interest portion of your mortgage payment and property tax). This helps only if you do itemizes deduction. In other words,only if you have significant income and you pay your mortgage out of your income. If you don’t have income and will pay mortgage with money sent from Korea, there won’t be significant tax benefit.
2.In some cases people pay discount point to reduce their interest rate. If you pay 1%, you could probably reduce the rate by 0.125%. It is optional. If you will have the house(also the mortgage) only for a couple of years,there is no gain in paying large sum of money to reduce the rate by a small bit. There are other costs in mortgage so you have to get Good Faith Estimate from your lender so that you won’t get ripped off.
3. No down probably means higher interest. You have to call around because rates vary from d
ay to day and from lender to lender.

현금으로 집 사든가, 집을 사놓으면 3-4년에 집값이 배가 되어서 꼭 사놔야 되는 경우 아니면 유학생은 집 사지 않는것이 금전적, 정신적, 시간적 으로 이익을 보는 길입니다.

제가아는 학생은 산집이 꽤올라 다시 돌아갈때 자기가 낸 학비 다 회수하고 가더군요. 3년동안 한 20만불인가 30만불인가 올랐죠. 지역마다 틀리니 귀기울여 듣지는 마세요.

1. If you don’t pay any federal and state income tax, you can’t deduct mortgage interest payment and property tax.

2. Closing cost is approximately 2% of your loan amount(including 1% loan orgination fee). In your case, it will be entire purchase price, since you’re making no down payment.
But, if you decide not to pay loan fee and go for little higher rate (usually 0.25% difference), your closing cost would be about 1% of your loan amount.
It depends on each individual case, if you are planning to stay with the same property more than 5 years, it is better to pay 1% upfront and get 0.25% deduction. But if you are planning to sell the property within 5 years go for little bit higher rate because you don’t get the benefit of lower rate until 4 to 5 years from the purchase.

3. Base rate is about 6.5%. But that is just base rate. Most lenders charge 0.25% for no income documentation(they call it low-doc), 0.5% for no downpayment. So your final rate will be around 7.25%. And rate changes every day. By the way, the change is mostly upward these days.
Good luck