08-26-2010, 09:49 PM
Thanks again to all.
It's a first time loan and not a re-fi, Clay. Sorry if I wasn't clear.
We're planning to pay at least the interest on the delayed second in order to keep that added cost to a minimum after the 5 years is up.
Looks like we're doing the current low rate as most don't see it going down more or "much more" if it does.
TA
It's a first time loan and not a re-fi, Clay. Sorry if I wasn't clear.
We're planning to pay at least the interest on the delayed second in order to keep that added cost to a minimum after the 5 years is up.
Looks like we're doing the current low rate as most don't see it going down more or "much more" if it does.
TA