To: freekitty
because everything is frontloaded with loan shark interest rates. If you consider 4-3/4% loan shark rates I suppose so. Of course you could always do the Mortgage Ladder technique and end up paying off your loan in half the time and save literally tens of thousands on interest.
64 posted on
08/27/2010 12:21:03 PM PDT by
Lurker
(The avalanche has begun. The pebbles no longer have a vote.)
To: Lurker
66 posted on
08/27/2010 12:37:39 PM PDT by
freekitty
(Give me back my conservative vote; then find me a real conservative to vote for)
To: Lurker
If I don’t have the cash, I don’t buy. No interest at all. Problem solved.
67 posted on
08/27/2010 12:38:47 PM PDT by
freekitty
(Give me back my conservative vote; then find me a real conservative to vote for)
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