MESO-Rx
Anabolic Steroids
help with house buying or mortgages
- Thread starter sunfish
- Start date
ramboj70
New Member
If I refinace does it come with all the AAS I can use free?sunfish said:
kingofbling
New Member
absolutely,we even build an underground lab onto your house if you have enough equity in the house.lol
Is this a veiled advertisement or a legitimate offer for free help? If it is the latter, then by all means help out. If its the former, then this thread will go bye-bye.
BTW, right now the best deal is a 15 year fixed.
BTW, right now the best deal is a 15 year fixed.
Bob Smith said:
Oh, and by the way, not to be a dick.15yr is not the best option. The best option varies from person to person. The best option to do is to get a 30yr mortgage at a great rate and pay it off in 15yrs. There is no pre-payment penalty and it gives you a little leeway to make payments every month instead of those hefty 15yr. Say your spouse loses her job, you only have to make a 30yr payment that is probably $350 cheaper than a fifteen. See. it just makes sense. good luck. pm me with any questions.
sunfish
Lestat
New Member
Seems to me that an interest only non amortised loan is by far the best choice. Not only do you have more money to work with to invest but all the money you would have been putting into higher interest and not being applied to principal in any worthwhile amount are available to you not front loaded to the lender.
kingofbling
New Member
lestat, interest only is great, if you're not going to be there for 30years. if you a single guy or a family that isn't going to be in a house for more that 7years it is great. With interest only, you don't pay down the principal, just the interest. obviously. the fact that you don't pay down the principal is made up for the equity you gain every year in your house. great plan if you want to save 300 a year, but not great if you are keeping the house.
Lestat
New Member
This is what a lot of people think but if you push the #s around it is very obvious. Why would you put your money in a savings account that gave you NO return? Why have all that money tied up and not working for you? Banks make money by front loading the interest knowing that you will likely refi or move in the first 7-9 years. Look at a payment schedual and you will see how much of YOUR money goess into the house. Very little. Not to mention the loss of oportunity from compound interrest from investments (rule of 7?). People think they are being safe by paying off their homes. They could pay them off MUCH sooner by using conservative investing techniques and putting their money to work for themselves. This gives very little exposure and huge returns over time. Wealthy people know this and most got that way but applying these principals. Interest only loans are available in the 2.0% range. If sombody still wants, I will post figures using a 300k home just for example. This is easy and simple. It is difficult enough to gain wealth on a "normal" income. Why make it harder by payng the bank insead of yourself.
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