What is Reverse Mortgage, How does reverse mortgage work, Advantages & Disadvantages of reverse mortgage.
By Admin on Jul 2, 2009 in Renting & Real Estate
$912.60 Monthly P&I; $158,534.83 total interest paid 15year – $1,344.35 P&I; $71,982.85 total interest paid
jrshaw777 | Jul 4, 2009 | Reply
You said “simple interest rate”. Almost all mortgages in the US are compound interest, not simple. They are calculated differently. Is it a regular old made in the US mortgage or is it really simple interest?
Jeremy | Jul 5, 2009 | Reply
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$912.60 Monthly P&I; $158,534.83 total interest paid
15year – $1,344.35 P&I; $71,982.85 total interest paid
jrshaw777 | Jul 4, 2009 | Reply
You said “simple interest rate”. Almost all mortgages in the US are compound interest, not simple. They are calculated differently. Is it a regular old made in the US mortgage or is it really simple interest?
Jeremy | Jul 5, 2009 | Reply