To: Beelzebubba; sanjuanbob
9% on a 200,000 dollar house is 18,000. All you need is a law that requires it to be rolled into the mortgage and it gets paid over a 30 year term. The finance difference between 200 and 218 is not that great.
57 posted on
10/13/2011 3:29:53 PM PDT by
xzins
(Retired Army Chaplain and Proud of It! True Supporters of our Troops PRAY for their VICTORY!)
To: xzins
9% on a 200,000 dollar house is 18,000. All you need is a law that requires it to be rolled into the mortgage and it gets paid over a 30 year term. The finance difference between 200 and 218 is not that great.
Just like realtor commissions and closing costs.
60 posted on
10/13/2011 3:32:46 PM PDT by
Atlas Sneezed
(Author of BullionBible.com - Makes You a Precious Metal Expert, Guaranteed.)
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