[quote=walterwhite]65? Ha. I would be halfway thru the damn mortgage[/quote]
Which is a very interesting point. Why do banks offer 30 year fixed rate loans to 40-50 year old people? Do they really except these folks to make their payments after 65 on a fixed income?
After doing a 30 year loan for two years, I realized how much I was getting raped in interest charges and ended up instead with a 15…