- This topic has 30 replies, 7 voices, and was last updated 17 years, 11 months ago by
mmbuyer.
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January 1, 2008 at 11:34 PM #127791January 2, 2008 at 9:04 AM #127589
Drew
ParticipantA 15 year fixed loan? Thats great, but how many San Diegans can afford the monthly carrying costs associated with a 15 year home loan? Most couldn’t afford to purchase a home here with a fixed 30 year loan and turned to the IO and higher risk alternatives. So how could they now pay essentially 2x their monthly mortgage on a 15 year loan? I suppose that the minimum wage increase to $8/hr may help, lol.
January 2, 2008 at 9:04 AM #127752ParticipantA 15 year fixed loan? Thats great, but how many San Diegans can afford the monthly carrying costs associated with a 15 year home loan? Most couldn’t afford to purchase a home here with a fixed 30 year loan and turned to the IO and higher risk alternatives. So how could they now pay essentially 2x their monthly mortgage on a 15 year loan? I suppose that the minimum wage increase to $8/hr may help, lol.
January 2, 2008 at 9:04 AM #127763ParticipantA 15 year fixed loan? Thats great, but how many San Diegans can afford the monthly carrying costs associated with a 15 year home loan? Most couldn’t afford to purchase a home here with a fixed 30 year loan and turned to the IO and higher risk alternatives. So how could they now pay essentially 2x their monthly mortgage on a 15 year loan? I suppose that the minimum wage increase to $8/hr may help, lol.
January 2, 2008 at 9:04 AM #127830ParticipantA 15 year fixed loan? Thats great, but how many San Diegans can afford the monthly carrying costs associated with a 15 year home loan? Most couldn’t afford to purchase a home here with a fixed 30 year loan and turned to the IO and higher risk alternatives. So how could they now pay essentially 2x their monthly mortgage on a 15 year loan? I suppose that the minimum wage increase to $8/hr may help, lol.
January 2, 2008 at 9:04 AM #127856ParticipantA 15 year fixed loan? Thats great, but how many San Diegans can afford the monthly carrying costs associated with a 15 year home loan? Most couldn’t afford to purchase a home here with a fixed 30 year loan and turned to the IO and higher risk alternatives. So how could they now pay essentially 2x their monthly mortgage on a 15 year loan? I suppose that the minimum wage increase to $8/hr may help, lol.
January 2, 2008 at 10:27 AM #127629Eugene
Participanthow many San Diegans can afford the monthly carrying costs associated with a 15 year home loan? Most couldn’t afford to purchase a home here with a fixed 30 year loan and turned to the IO and higher risk alternatives. So how could they now pay essentially 2x their monthly mortgage on a 15 year loan?
Monthly payment on a 15 year fixed loan is only 40% or so higher than on a 30 year loan.
January 2, 2008 at 10:27 AM #127792Participanthow many San Diegans can afford the monthly carrying costs associated with a 15 year home loan? Most couldn’t afford to purchase a home here with a fixed 30 year loan and turned to the IO and higher risk alternatives. So how could they now pay essentially 2x their monthly mortgage on a 15 year loan?
Monthly payment on a 15 year fixed loan is only 40% or so higher than on a 30 year loan.
January 2, 2008 at 10:27 AM #127803Participanthow many San Diegans can afford the monthly carrying costs associated with a 15 year home loan? Most couldn’t afford to purchase a home here with a fixed 30 year loan and turned to the IO and higher risk alternatives. So how could they now pay essentially 2x their monthly mortgage on a 15 year loan?
Monthly payment on a 15 year fixed loan is only 40% or so higher than on a 30 year loan.
January 2, 2008 at 10:27 AM #127870Participanthow many San Diegans can afford the monthly carrying costs associated with a 15 year home loan? Most couldn’t afford to purchase a home here with a fixed 30 year loan and turned to the IO and higher risk alternatives. So how could they now pay essentially 2x their monthly mortgage on a 15 year loan?
Monthly payment on a 15 year fixed loan is only 40% or so higher than on a 30 year loan.
January 2, 2008 at 10:27 AM #127896Participanthow many San Diegans can afford the monthly carrying costs associated with a 15 year home loan? Most couldn’t afford to purchase a home here with a fixed 30 year loan and turned to the IO and higher risk alternatives. So how could they now pay essentially 2x their monthly mortgage on a 15 year loan?
Monthly payment on a 15 year fixed loan is only 40% or so higher than on a 30 year loan.
January 5, 2008 at 5:10 PM #130157mmbuyer
Participanti have been looking at rental properties. banks have offered me 6% 30 yr fixed for rental/investment properties. it is tough to make cash flow work unless you come up with a big downpayment.
January 5, 2008 at 5:10 PM #130333Participanti have been looking at rental properties. banks have offered me 6% 30 yr fixed for rental/investment properties. it is tough to make cash flow work unless you come up with a big downpayment.
January 5, 2008 at 5:10 PM #130335Participanti have been looking at rental properties. banks have offered me 6% 30 yr fixed for rental/investment properties. it is tough to make cash flow work unless you come up with a big downpayment.
January 5, 2008 at 5:10 PM #130403Participanti have been looking at rental properties. banks have offered me 6% 30 yr fixed for rental/investment properties. it is tough to make cash flow work unless you come up with a big downpayment.
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