The amount insured is $100,000, times the number of owners of the account, times the number of people to whom the account is “payable on death” (if greater than one).
Say you have a wife and three kids, you open a joint account with your wife and make the account POD to each one of your kids. It will be insured for $600,000 ($100,000 * 2 * 3).
The amount insured is $100,000, times the number of owners of the account, times the number of people to whom the account is “payable on death” (if greater than one).
Say you have a wife and three kids, you open a joint account with your wife and make the account POD to each one of your kids. It will be insured for $600,000 ($100,000 * 2 * 3).
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?
Monthly payment on a 15 year fixed loan is only 40% or so higher than on a 30 year loan.
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?
Monthly payment on a 15 year fixed loan is only 40% or so higher than on a 30 year loan.
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?
Monthly payment on a 15 year fixed loan is only 40% or so higher than on a 30 year loan.
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