Quote:
Originally Posted by glassman
Three weeks ago I got an offer for a 15yr @ 2.875 fixed. We are at a 3.625 fight know...for 30. My payments are really really low. Would have a nice positive cash flow if we were to rent it out, but hey, ya gotta take a crap somewhere lol
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Yes, the 15 year is 2.9% but I am still going with a 30 Year.. The payments are lower and I prefer a longer loan that I can always pay down as I see fit.
But at that rate, I don't see me adding principal payments ...I will go the full term if I stay here...
At that point it is a personal choice..Either way, the deals are great...