- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: 5yr. Balloon Loan w/ 10yr. Amort. (Any hidden things I should worry about?)
Posted on 8/18/16 at 4:10 pm to TheWiz
Posted on 8/18/16 at 4:10 pm to TheWiz
Any chance you could get a fully amortizing loan and not have to worry about refi on the balloon? My worry would be that interest rates really can't go anywhere but up and you are taking a chance on the refi at 5 years reflecting that.
If you could lock in a 10 yr rate for 100 more (give or take) basis points, I think it would be worth it, rather than the unknown of future interest rates.
If you could lock in a 10 yr rate for 100 more (give or take) basis points, I think it would be worth it, rather than the unknown of future interest rates.
Popular
Back to top
![logo](https://images.tigerdroppings.com/images/layout/TDIcon.jpg)