But when shopping for an extra large mortgage, be aware that small differences in the rate can mean big differences in your payment. (themortgagereports.com)
The slightly higher loan amount won't make much difference in your payment, and you get to spare yourself from coming up with the extra cash to close. (mortgage-helper.com)
But if you have a $ 1 million mortgage, that same difference in mortgage rate makes a $ 290 a month difference in the payment. (themortgagereports.com)