| Home |
| Search |
| Today's Posts |
|
#15
|
|||
|
|||
"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" |
| Thread Tools | Search this Thread |
| Display Modes | |
|
|
Similar Threads
|
||||
| Thread | Forum | |||
| NH - Spring Whitewater Canoe and Kayak School | General | |||
| Best night for the Willie T? | Cruising | |||
| NIght Vision Test | ASA | |||
| Good Night, Loco | ASA | |||
Threaded Mode
