Sort by time | Sort by thread (beta)
- Your queue is empty. Add videos to your queue using this button:
or sign in to load a different list.
Loading...Saving...
Loading...Saving...
Finally, a response. Your smart to catch this. Normally, this is the terms of an interest only loan but for one difference. The interest on the 2nd loan is paid off by the bank so it does not accumulate interest. You will have a 25% equity in the house after 4 years while an interest only loan would leave you owing the same amount of interest you just finished paying. Normally, you would be correct, but not with these interest write offson the 2nd loan. Sharp eye. Bravo.
raghuroopa 3 years ago
Another scam so you pay interest twice
Walk way if you want this is a lease not a loan and it should be illegal
How could you sell your house with a loan like this
People like this should be thrown in jail
with the other scumbags
lyndonb 3 years ago