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To: j g cordes who wrote (29990)12/2/1997 6:23:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 58727
 
JG, what do you think about taking the ARM and paying down the principal with the interest savings, if you double your payment, don't you get the same benefit as going for the shorter fixed rate term?



To: j g cordes who wrote (29990)12/2/1997 6:35:00 PM
From: Alan Smithee  Respond to of 58727
 
Jim:

If I could handle the increased payments, I'd go with a 15 year loan. Can't do that right now, so I'll go out 30 and make extra principal payments as frequently as I can.

David


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