Article View: net.taxes
Article #889Re: 15 versus 30 Year Mortgages
From: Robert Rindfuss
Date: Sat, 15 Mar 1986 19:00
Date: Sat, 15 Mar 1986 19:00
15 lines
1238 bytes
1238 bytes
> <<<< > < I prefer the fifteen year note for myself, however, because of the > < psychological difference. My wife and I intend to pay at the 15 year > < rate, and I would rather lose the flexibility and never have either of > < us tempted to slow down the repayment. > > Fifteen years is a long time to plan on not having a really major emergency > or disaster strike. If you have a 30 year loan it may take willpower to > pay it off at a 15 year rate but you wont have to refinance it if something > really bad happens. > Worse than that, if the 'disaster' that struct was you losing your job, you would not be ABLE to refinance it. Bob Rindfuss
Technical Details
Message-ID:
<406@inuxh.UUCP>Path:
arc1-ca.pugleaf.net!utzoo!watmath!clyde!cbosgd!ihnp4!inuxc!inuxh!rdrReferences:
<5608@kestrel.UUCP> <129600003@hpcvla.UUCP>Show Full Headers
Complete Article Headers
Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/17/84; site inuxh.UUCP Path: arc1-ca.pugleaf.net!utzoo!watmath!clyde!cbosgd!ihnp4!inuxc!inuxh!rdr From: rdr@inuxh.UUCP (Robert Rindfuss) Newsgroups: net.taxes Subject: Re: 15 versus 30 Year Mortgages Message-ID: <406@inuxh.UUCP> Date: Sat, 15-Mar-86 14:00:14 EST Article-I.D.: inuxh.406 Posted: Sat Mar 15 14:00:14 1986 Date-Received: Sun, 16-Mar-86 08:58:07 EST References: <5608@kestrel.UUCP> <129600003@hpcvla.UUCP> Organization: AT&T Consumer Products, Indianapolis Lines: 15