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Posted on 8/5/11 at 12:47 pm to siliconvalleytiger
quote:
Libor plus 3%. My monthly payments will be much lower once my 5/1 expires.
If libor stays low...
Posted on 8/5/11 at 1:03 pm to siliconvalleytiger
quote:
Libor plus 3%. My monthly payments will be much lower once my 5/1 expires.
This is assuming it wasn't interest-only during the AR period or that it wasn't a pay-option where you were paying less than owed.
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