Home › Forums › Housing › advice needed: sell the house now, or rent it out? › I didn’t read this as a 5-yr
I didn’t read this as a 5-yr amortization period. I read it as a loan with a 30-yr amortization period (or perhaps interest only) where the rate resets after five years.
In the 30-yr case, I’m getting $1879/mo through the end of the 5-yr period.