Apr 25, 2016
10:28:30am
10:28:30am
Anyone ever done a 15 year balloon mortgage?
Looking to buy our first home and our mortgage guy is saying this will save us about $200/month in payments.
Any disadvantage to this other than having to refinance before the 15 years is up so as not to have to pay the balloon payment at the end?
Any disadvantage to this other than having to refinance before the 15 years is up so as not to have to pay the balloon payment at the end?
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