Search found 56 matches

by confused1
Fri Dec 25, 2020 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10204
Views: 733006

Re: Refinance Mega Thread

Just locked on 1.99% fixed for 15yr - No cost ReFi CA $577k - Value $2m+ All with Interactive Mortgage - https://www.interactivemortgage.com/ Super quick and efficient so far Quick update - All going well so far. Looking to close in next 10-15 days. Loan funded yesterday, all quite painless. Only f...
by confused1
Thu Dec 24, 2020 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10204
Views: 733006

Re: Refinance Mega Thread

Goal33 wrote: Thu Dec 24, 2020 3:32 pm
confused1 wrote: Thu Dec 24, 2020 2:56 pmdon’t expect to refi again.
Looking forward to your post when you get 1.75 :greedy
Done two refis this year, both saved $10k over the expected remaining loan term. Would go again if it saved $5k, not worked out what the rate needs to be.
by confused1
Thu Dec 24, 2020 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10204
Views: 733006

Re: Refinance Mega Thread

Just locked on 1.99% fixed for 15yr - No cost ReFi CA $577k - Value $2m+ All with Interactive Mortgage - https://www.interactivemortgage.com/ Super quick and efficient so far Quick update - All going well so far. Looking to close in next 10-15 days. Loan funded yesterday, all quite painless. Only f...
by confused1
Sat Dec 05, 2020 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10204
Views: 733006

Re: Refinance Mega Thread

Ressy wrote: Sat Dec 05, 2020 9:22 am
manatee2005 wrote: Sat Dec 05, 2020 12:25 am For people who refinanced with Owning, who ended up servicing your loan? With Lenderfi I had Chase which was the best one I ever had.
Mr. Cooper. No complaints, I had them previously as well.
SLS for us
by confused1
Fri Dec 04, 2020 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: what’s a realistic salary for an IT specialist?
Replies: 48
Views: 4631

Re: what’s a realistic salary for an IT specialist?

Also take a look at https://www.teamblind.com/
Site is anonymous which means there is some BS but useful to better understand salaries as people can speak freely about what's usually a confidential conversation.
by confused1
Fri Dec 04, 2020 1:38 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10204
Views: 733006

Re: Refinance Mega Thread

Just locked on 1.99% fixed for 15yr - No cost ReFi CA $577k - Value $2m+ All with Interactive Mortgage - https://www.interactivemortgage.com/ Super quick and efficient so far Quick update - All going well so far. Looking to close in next 10-15 days. FYI, you’ll likely be delayed in the loan funding...
by confused1
Wed Dec 02, 2020 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10204
Views: 733006

Re: Refinance Mega Thread

confused1 wrote: Tue Nov 03, 2020 3:14 pm Just locked on 1.99% fixed for 15yr - No cost ReFi
CA $577k - Value $2m+
All with Interactive Mortgage - https://www.interactivemortgage.com/
Super quick and efficient so far
Quick update - All going well so far. Looking to close in next 10-15 days.
by confused1
Tue Nov 03, 2020 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10204
Views: 733006

Re: Refinance Mega Thread

Just locked on 1.99% fixed for 15yr - No cost ReFi
CA $577k - Value $2m+
All with Interactive Mortgage - https://www.interactivemortgage.com/
Super quick and efficient so far
by confused1
Sat Aug 29, 2020 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Where are you finding refinance rate of <2.5%?
Replies: 26
Views: 4779

Re: Where are you finding refinance rate of <2.5%?

Just seen owning.com has a quoted 2.125% rate (no fees)
by confused1
Thu Aug 06, 2020 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance in CA with Owning.com
Replies: 15
Views: 2343

Re: Refinance in CA with Owning.com

I just got my refi funded with them this week. For recent closers, did they transfer your servicing right away or have you made payments direct to Owning? Transferred servicing right away to SLS, just made our first payment directly to them. SLS is who I'm hoping my loan doesn't get transferred to....
by confused1
Tue Jul 28, 2020 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Refinance in CA with Owning.com
Replies: 15
Views: 2343

Re: Refinance in CA with Owning.com

I just got my refi funded with them this week. For recent closers, did they transfer your servicing right away or have you made payments direct to Owning? Transferred servicing right away to SLS, just made our first payment directly to them. SLS is who I'm hoping my loan doesn't get transferred to....
by confused1
Fri Jul 24, 2020 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Refinance in CA with Owning.com
Replies: 15
Views: 2343

Re: Refinance in CA with Owning.com

jjhk121 wrote: Thu Jul 23, 2020 1:12 am I just got my refi funded with them this week. For recent closers, did they transfer your servicing right away or have you made payments direct to Owning?
Transferred servicing right away to SLS, just made our first payment directly to them.
by confused1
Thu Jul 23, 2020 12:23 am
Forum: Personal Finance (Not Investing)
Topic: Refinance in CA with Owning.com
Replies: 15
Views: 2343

Re: Refinance in CA with Owning.com

Same here - no issues, closed on $600k 2.75% about 8 weeks ago. Painless process would use again
by confused1
Thu Jul 16, 2020 3:49 pm
Forum: Personal Investments
Topic: Portfolio review - 13 years from retirement
Replies: 9
Views: 1335

Re: Portfolio review - 13 years from retirement

Create SS accounts for each of you at: https://www.ssa.gov/myaccount/ That way you can follow along . CyclingDuo I had tried that but many of their calculators don't work until you have 40 credits :-( Just checked and we currently have 6 years and 28 credits Thanks Understood. Also, check in with p...
by confused1
Thu Jul 16, 2020 10:25 am
Forum: Personal Investments
Topic: Portfolio review - 13 years from retirement
Replies: 9
Views: 1335

Re: Portfolio review - 13 years from retirement

CyclingDuo wrote: Thu Jul 16, 2020 8:57 am
Create SS accounts for each of you at: https://www.ssa.gov/myaccount/

That way you can follow along.

CyclingDuo
I had tried that but many of their calculators don't work until you have 40 credits :-(
Just checked and we currently have 6 years and 28 credits

Thanks
by confused1
Thu Jul 16, 2020 1:06 am
Forum: Personal Investments
Topic: Portfolio review - 13 years from retirement
Replies: 9
Views: 1335

Re: Portfolio review - 13 years from retirement

you won't get anything from social security in the u.s. at 60, most likely. Think I see the mistake on my part. US SAA would start paying out at 68 not 60- thanks ‘ To be eligible for Social Security, you must have a minimum of 10 years of covered employment, which equates to 40 credits in the Soci...
by confused1
Thu Jul 16, 2020 12:48 am
Forum: Personal Investments
Topic: Portfolio review - 13 years from retirement
Replies: 9
Views: 1335

Re: Portfolio review - 13 years from retirement

Thanks, will take look at the suggestions for more efficient placement for tax purposes. With resent RSU vests situation the tax burden has rapidly risen. You have a home worth 2.5m and then you want to buy another home for 2.5m in CA? Home currently worth 2.5m Going to remodel to add sq ft that sho...
by confused1
Wed Jul 15, 2020 9:39 pm
Forum: Personal Investments
Topic: Portfolio review - 13 years from retirement
Replies: 9
Views: 1335

Re: Portfolio review - 13 years from retirement

psychodoc, Thanks fxaix and fspsx - Updated in statement above fxaix Fidelity® 500 Index Fund fspsx Fidelity® International Index Fund 'pensions outside us - europe' - Updated, correct they are retirement accounts. Maybe 20% as some form of guarantee or minimum value Invested in funds such as FTSE D...
by confused1
Wed Jul 15, 2020 7:12 pm
Forum: Personal Investments
Topic: Portfolio review - 13 years from retirement
Replies: 9
Views: 1335

Portfolio review - 13 years from retirement

All Thanks in advance for the help, advice and guidance. We have spent the last few years working through finances and in a very fortunate position to have been given generous RSU packages and are earning good money. Based on our calculations everything looks on track but I wanted to check we are no...
by confused1
Sun May 31, 2020 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Really am confused - Inflation, real rate, nominal etc - How to keep track against target?
Replies: 2
Views: 233

Re: Really am confused - Inflation, real rate, nominal etc - How to keep track against target?

I prefer to work in present day dollars and assume 3-4% real returns of my portfolio to get an idea of what different savings rates gets me to my goals (25-30x annual expenses). Everything clicks in my head better when I use present day value. Each year I have a new estimate on what my annual expen...
by confused1
Sun May 31, 2020 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Really am confused - Inflation, real rate, nominal etc - How to keep track against target?
Replies: 2
Views: 233

Really am confused - Inflation, real rate, nominal etc - How to keep track against target?

All I am finally living up-to my user name and completely confused :-) We have a great spreadsheet that keeps track of our retirement investments, which we update every 6 months (have done so for a few years now). We also have projected out 15 years (when we want to retire) and assumed 3% YoY growth...
by confused1
Thu May 28, 2020 2:21 am
Forum: Personal Finance (Not Investing)
Topic: Choices for short term savings $300k +
Replies: 9
Views: 1004

Re: Choices for short term savings $300k +

Checking this evening and APR on the citi accounts are really bad, think 0.12%.

So currently earning ~~ $220 pm in ally
This would drop to almost zero for 90 days but offset with $1500 bonus. End result $900 that will be heavily taxed leaving $450 in our pocket. Good idea but question the ROI.
by confused1
Wed May 27, 2020 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Choices for short term savings $300k +
Replies: 9
Views: 1004

Re: Choices for short term savings $300k +

Citi plus capital one looks like the best place - We have almost $300k saved today. Can split between one Citi and 2 capital one accounts
by confused1
Wed May 27, 2020 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Choices for short term savings $300k +
Replies: 9
Views: 1004

Re: Choices for short term savings $300k +

Ally should be fine. Two comments: 1. Make sure the account is titled such that you are not above the FDIC limits. 2. If you are high income you could do something tax exempt, like VCTXX. You'll have to calculate whether it's worth it since it is currently lower yielding. +1 A bit of a hassle, but ...
by confused1
Wed May 27, 2020 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Choices for short term savings $300k +
Replies: 9
Views: 1004

Choices for short term savings $300k +

All Currently saving for some large expenditures we have coming up in 9+ months - Large remodel in VHCOL area. $600k +. So over the next 9 months we will have $300k - $600k in liquid savings. Currently have this in Ally but only earning 1.25% APR. Partner and I have high income (in CA) and have alre...
by confused1
Mon May 18, 2020 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10204
Views: 733006

Re: Refinance Mega Thread

I was just recently able to get a 30 year @ 2.99% no costs, no points refi in CA for a $400k loan. I was also seeing 15 years @ 2.625%. Through where? People please post where they got the rate from. Check out Owning.com They claimed this advertised rate was "only for 50% equity" but gave...
by confused1
Sat May 16, 2020 12:48 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10204
Views: 733006

Re: Refinance Mega Thread

Signing papers tomorrow on the following from owning.com

Property Value -$2.x M (CA)
Mortgage - $600k
15 yr fixed
Zero closing costs
2.75%

Refi from current mortgage with WF at 3.125% (30 yr)

Hope this helps
by confused1
Sun Sep 29, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 28766

Re: IT compensation comparison

These discussions are actionable for anyone reading them. It could be a parent trying to advise their kids, could be a person looking for a move up in the rat race, for instance... Please explain. I do not get it as to what is actionable. And, I am asking it honestly. KlangFool It is actionable whe...
by confused1
Wed Sep 25, 2019 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 28766

Re: IT compensation comparison

I work at a FAANG company and have been in the Bay Area for 6 years. One massive difference I have noticed is a skill set to design, build and run technology systems that support billions of users. For this scale you are not just installing a couple of Oracle databases and using 50 other servers. Yo...
by confused1
Thu Jun 06, 2019 1:24 am
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 45945

Re: For those who earn $500k+ per year. How'd you do that?

Dir level at FAANG - $290k base, 30% bonus, $500k RSU (vesting each year)
20+ years experience and many hard projects PLUS got lucky to pick the ‘next big thing’ sector very early on. So now with some skill and luck end up as a hot commodity.
by confused1
Tue Jun 04, 2019 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Relationship mortgage discounts for moving a million assets
Replies: 774
Views: 120059

Re: Relationship mortgage discounts for moving a million assets

Identify verification sorry - in our case we had to send proof of permanent resident status. Assume it may not be needed for everyone.
by confused1
Mon Jun 03, 2019 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Relationship mortgage discounts for moving a million assets
Replies: 774
Views: 120059

Re: Relationship mortgage discounts for moving a million assets

1. Has anyone had timing or other issues doing in-kind transfer from VG to WF (assuming starting w/ no brokerage account at WF)? Just in the process of doing this myself, I went with the simple Wellstrade account (https://www.wellsfargo.com/investing/wellstrade-online-brokerage/) Account can be cre...
by confused1
Thu May 30, 2019 12:30 am
Forum: Personal Finance (Not Investing)
Topic: Relationship mortgage discounts for moving a million assets
Replies: 774
Views: 120059

Re: Relationship mortgage discounts for moving a million assets

HEDGEFUNDIE wrote: Wed May 29, 2019 11:16 pm BoA just offered me 2.5% 5/1 for moving over $0.5M. Could have been 2.25% if I moved over $1M (which I don’t have).
Assume that’s for a jumbo loan?

I am at 3.125% 7/1 ARM with $250k AUM. Closing costs covered.
Wondering if I can push for more.
by confused1
Thu May 23, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Relationship mortgage discounts for moving a million assets
Replies: 774
Views: 120059

Re: Relationship mortgage discounts for moving a million assets

Got ours down to 3.125% 7/1 ARM Jumbo with $250k AUM
by confused1
Wed May 15, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Relationship mortgage discounts for moving a million assets
Replies: 774
Views: 120059

Re: Relationship mortgage discounts for moving a million assets

Just been told it simply needs to be there for one day. Broker sees the funds and clicks a button to reduce the rate.
by confused1
Wed May 15, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Relationship mortgage discounts for moving a million assets
Replies: 774
Views: 120059

Re: Relationship mortgage discounts for moving a million assets

Did anyone who talked to Wells Fargo find out if they have a lookback period for assets under management? I'm trying to decide if I should move my WellsTrade accounts to a different brokerage (at a cost of $190 in transfer fees), in anticipation of possibly getting a relationship mortgage from Well...
by confused1
Sat May 11, 2019 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Relationship mortgage discounts for moving a million assets
Replies: 774
Views: 120059

Re: Relationship mortgage discounts for moving a million assets

Going through the same currently with a refi Jumbo Loan for SFH in San Francisco.

Moving forward with a 7/1 ARM at 3.25% from Wells Fargo (closing costs covered by credit from WF) and moving $250k AUM.
by confused1
Wed Nov 14, 2018 10:40 pm
Forum: Personal Investments
Topic: Moving to company that allows Mega Backdoor Roth Conversion - Any prep needed?
Replies: 26
Views: 2323

Re: Moving to company that allows Mega Backdoor Roth Conversion - Any prep needed?

Now started at the new co and appears everything is very easy and managed through Vanguard. Options to either do the mega backdoor within the plan or send to a new Roth IRA, expense rates are much better within the plan so I will probably just leave it there. Just need to see how close I can get to ...
by confused1
Fri Oct 19, 2018 10:54 am
Forum: Personal Investments
Topic: Moving to company that allows Mega Backdoor Roth Conversion - Any prep needed?
Replies: 26
Views: 2323

Re: Moving to company that allows Mega Backdoor Roth Conversion - Any prep needed?

Final question (I hope)

Will it matter that I plan to roll my old employer 401k into my new employer 401k? ie will it impact my ability to do the Mega Backdoor Roth Conversion?

Thanks
by confused1
Mon Oct 15, 2018 8:00 pm
Forum: Personal Investments
Topic: Moving to company that allows Mega Backdoor Roth Conversion - Any prep needed?
Replies: 26
Views: 2323

Re: Moving to company that allows Mega Backdoor Roth Conversion - Any prep needed?

Sounds like I don't need to do anything special with accounts etc then.
Thanks
by confused1
Fri Oct 12, 2018 12:09 pm
Forum: Personal Investments
Topic: Moving to company that allows Mega Backdoor Roth Conversion - Any prep needed?
Replies: 26
Views: 2323

Moving to company that allows Mega Backdoor Roth Conversion - Any prep needed?

All So I start at a new company in 3 weeks that allows a Mega Backdoor Roth Conversion, which is great. Wondering if there are anything I need to be aware of as I have exiting IRA and Roth Accounts and would like to make the first Mega Backdoor Roth Conversion before the end of 2018. I currently hav...
by confused1
Wed Dec 27, 2017 12:40 am
Forum: Personal Investments
Topic: Where to save/invest $4.7k per month for next 10 years
Replies: 16
Views: 3243

Re: Where to save/invest $4.7k per month for next 10 years

That’s the other option! Our only concern is that does not keep the investment amount liquid, not that we have a need for it currently. Why not just make extra payments on the mortgage? Then you won't have to pay tax on the gain and the return is a guaranteed 3.75% Once you put the amount into your...
by confused1
Wed Dec 27, 2017 12:33 am
Forum: Personal Investments
Topic: Where to save/invest $4.7k per month for next 10 years
Replies: 16
Views: 3243

Re: Where to save/invest $4.7k per month for next 10 years

sco wrote: Tue Dec 26, 2017 11:51 pm I didn't catch that immediately.. Mortgage is written in the states?

Just throw in $200 and see how it is applied, worst case it goes to the last payment and then you know?
Mortgage is US based.

Just did exactly that today, best to check before dropping larger amounts in!
by confused1
Tue Dec 26, 2017 11:40 pm
Forum: Personal Investments
Topic: Where to save/invest $4.7k per month for next 10 years
Replies: 16
Views: 3243

Re: Where to save/invest $4.7k per month for next 10 years

Thanks all - will contact the mortgage company today. About what? Just checking how to make the overpayments and ensure they are correctly applied. Do you pay online or with a check/coupon? Always good to check I supposed, but normally there is an option for "Apply to principal". What I d...
by confused1
Tue Dec 26, 2017 11:02 pm
Forum: Personal Investments
Topic: Where to save/invest $4.7k per month for next 10 years
Replies: 16
Views: 3243

Re: Where to save/invest $4.7k per month for next 10 years

sco wrote: Tue Dec 26, 2017 10:44 pm
confused1 wrote: Tue Dec 26, 2017 9:12 am Thanks all - will contact the mortgage company today.
About what?
Just checking how to make the overpayments and ensure they are correctly applied.
by confused1
Tue Dec 26, 2017 6:43 pm
Forum: Personal Investments
Topic: Confused about future value, inflation etc
Replies: 11
Views: 1272

Re: Confused about future value, inflation etc

OP, A) A more important question would be why do you need to estimate the future value? B) And, even if you have an estimate, how would that help you at all? C) What is it that you really want to know? Perhaps, you should ask a different question. KlangFool :-) My question was simply am I correctly...
by confused1
Tue Dec 26, 2017 10:30 am
Forum: Personal Investments
Topic: Confused about future value, inflation etc
Replies: 11
Views: 1272

Re: Confused about future value, inflation etc

So I very simple terms I am modeling that my return on investments will be 3% higher than inflation. Yes, but you are ignoring that your ability to estimate returns is nil and that returns are highly variable from year to year. That is why someone suggested a more comprehensive model such as FireCa...
by confused1
Tue Dec 26, 2017 9:20 am
Forum: Personal Investments
Topic: Confused about future value, inflation etc
Replies: 11
Views: 1272

Re: Confused about future value, inflation etc

So I very simple terms I am modeling that my return on investments will be 3% higher than inflation.
by confused1
Tue Dec 26, 2017 9:12 am
Forum: Personal Investments
Topic: Where to save/invest $4.7k per month for next 10 years
Replies: 16
Views: 3243

Re: Where to save/invest $4.7k per month for next 10 years

Thanks all - will contact the mortgage company today.