3 ms·
Where are you from where a 30yr fixed is abnormal? Everyone I know in Texas, Oklahoma, Arkansas or Missouri uses 30yr fixed with no prepay penalty. Then you can
by crmrc114 6y ago
Where are you from where a 30yr fixed is abnormal? Everyone I know in Texas, Oklahoma, Arkansas or Missouri uses 30yr fixed with no prepay penalty. Then you can just toss whatever you want in over the top and pay down your premium when times are good. Then if things get rough you can just slide back to the minimum monthly payment.
(Also, fixed interest is like below 3% right now.)