What do you know about Interest-only loans? - interest only loans good
I want to pay my bills and a new house with equity in my current home, which buy more than $ 230 million. After paying my bills, you need a loan of over $ 100K for the remaining amount in the new house.
I believe you are 5 or 10 years fixed interest only. The idea goes with the IO loan is that I changed careers. My goal is to reduce my bills, so that you can afford to make the full time care of school and end up with more money, that I was able to refinance. (We can not afford to pay for full-time school and bills to my current situation.)
Is this a good idea? If not, have another idea I could achieve my goal of changing careers?
Thursday, January 21, 2010
Interest Only Loans Good What Do You Know About Interest-only Loans?
1 comment:
Loans only personally, but I am cautious about the interest because there is no progress on the capital market. A neutral location is good and I like http://www.refinance-and-loans.com/ a section in their areas of interest refinancing only give good information. You can also use your status section for information about mortgages look in their respective state.
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