"NOYB" wrote in message
ink.net...

"basskisser" wrote in message
oups.com...

NOYB wrote:
wrote in message
oups.com...
But, I thought that you had to get an interest only loan?????


The bank was offering me either loan...conventional, or
interest-only.

I chose the interest only loan over the conventional 30-year fixed,
because
it gives me the option to pay principal on the loan (but only if *I
*decide
to do so). Right now, it makes more sense for me to put $25-30k per
year
away in a qualified pension plan than to pay principal on a home
mortgage.
In 4 1/2 years, I'll only be 38...and I'll have an extra $6000/mo
(before
taxes) to put towards principal and/or retirement savings. At that
time, I
can get a 20 year conventional fixed mortgage, and pay the home off
before
I'm 60.


Yeah, sure, whatever.......


Boy, you sure put a lot of thought into that reply. Sorry I taxed your
brain so much.

And he wonders why he is the "King"

P.Fritz wrote:
"NOYB" wrote in message
ink.net...

"basskisser" wrote in message
oups.com...

NOYB wrote:
wrote in message
oups.com...
But, I thought that you had to get an interest only loan?????


The bank was offering me either loan...conventional, or
interest-only.

I chose the interest only loan over the conventional 30-year
fixed,
because
it gives me the option to pay principal on the loan (but only if
*I
*decide
to do so). Right now, it makes more sense for me to put $25-30k
per
year
away in a qualified pension plan than to pay principal on a home
mortgage.
In 4 1/2 years, I'll only be 38...and I'll have an extra $6000/mo
(before
taxes) to put towards principal and/or retirement savings. At
that
time, I
can get a 20 year conventional fixed mortgage, and pay the home
off
before
I'm 60.


Yeah, sure, whatever.......


Boy, you sure put a lot of thought into that reply. Sorry I taxed
your
brain so much.

And he wonders why he is the "King"

I see that you still can't interject anything mentally competent into a
thread, so you resort to childish name calling.