Quote:
|
Originally Posted by miahmarie
With the fixed-rate loan, your payments will be $2,998 per month for the Life of the loan.
...
On the interest-only loan, the payment has leaped to $3,859 - double your initial payment. And $869 more than the fixed rate life of the loan mortgage.
|
:shock: :shock: Who the hell can afford to make monthly payments like that?