Which is the best plan for someone that wants to pay an exsorbant amount towards the princeible every two weeks and hopefull have the house paid off in 18 months or less....
The goal is to save as much money as possible!
5/1 Arm (leaving room to breath just in case)
Simple Intrest
Regular 30 year @ 6.5%
or anything else ya'll can tell me!!!!!!!!!!!!!
2007-03-10 19:55:43 · 2 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Find an amortization table that will allow you to input extra principle payments. That way you can run all sorts of possibilities to find the cheapest way to go.
Try to put as much as you can, as soon as you can, against the principle. You'll save more money that way. If you do find a schedule, try figuring out what an extra 100 a month against principle will save you . Now try the same thing, but this time figure putting the 1200 against the loan in January. See the difference? Good luck
2007-03-10 20:09:03 · answer #1 · answered by Fordman 7 · 0⤊ 0⤋
You can get loans easily.Bad credit? No problem.I think the below website helps you.
2007-03-11 04:59:02 · answer #2 · answered by Anonymous · 0⤊ 1⤋