[quote=AK][quote=flu]
with all due respect… If you think you might need to sell in that timeframe, you probably should reconsider about buying. And it’s very unlikely you will be refinancing to a lower rate within 3 years. [/quote]
That’s the thing about unexpected situations … you can’t plan for them, but you can prepare for them.[/quote]
While I agree, my point is hopefully you’re putting enough emergency funds off to the side. I’d say in this economy 1.5 years of payments. It’s cutting it close otherwise.
