I am seeking a personal loan in the amount of $30,000.00. I am willing to repay this at 12% interest over 60 months with the payment being $560.00 monthly.
It is needed to pay off my second mortgage and some credit card debts.
I can easily afford this payment if the other items are repaid. I currently do not have enough available equity in my home or I would go through a bank, paying off my second mortgage will give me about $28,000 of equity in my home, thus being able to refinance my first mortgage, thus paying off this loan sooner, which is what I am aiming for here.
2007-03-02
13:38:46
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4 answers
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asked by
Andrew
1
in
Business & Finance
➔ Personal Finance