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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (69262)9/1/2006 6:30:10 PM
From: bruiser98  Respond to of 110194
 
Where is that Loantech guy?

I read Nightmare Mortgages linked here

Message 22771311

and played with this ARM vs Fixed Rate Mortgage calculator

mortgages-loans-calculators.com

but it wasn't until I read the Amortization by Year Report that it sank in that at the end of the loan period, you still owe the principal on an I/O loan. I guess I'm like most J6P's: monthly payment is the bottom line.