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re: 5yr. Balloon Loan w/ 10yr. Amort. (Any hidden things I should worry about?)

Posted on 8/16/16 at 5:27 pm to
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17444 posts
Posted on 8/16/16 at 5:27 pm to
quote:

are there any problems I should expect to encounter with a balloon note


The curveball lif is gonna throw at you for having a perfectly laid out plan


Honestly I think you have done your homework and have a good plan.
Posted by TheWiz
Third World, LA
Member since Aug 2007
11696 posts
Posted on 8/17/16 at 3:41 pm to
quote:

The curveball lif is gonna throw at you for having a perfectly laid out plan


I know I know...
quote:

The best-laid plans of mice and men often go awry


Hopefully socking away her +/- $100,000 gross income raise will set us up securely for that. Who knows though. Thanks for those that chimed in. Sounds like the balloon note is a safe move.
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