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January 23, 2007
50 Year Mortgage?
a mortgage calculator to know how good a 50 year mortgage is.
Yesterday, I received an email from a friend who is moving into a new home that he’s financing with a fifty year mortgage. He was bragging about how low his payments were and he’s putting equity into his house. For regular readers of this site, it shouldn’t be a surprise that I quickly loaded up my spreadsheet of choice and got down to business looking at the numbers. If you’d like to play along at home, here’s my favorite online mortgage calculator.
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Posted on January 23, 2007 09:44 AM by Mortga79.
Filed in Real Estate under mortgage calculator.
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