[john voight]

Guys I wasnt levelling. This is porlly only fourm I keep leveling down to a minimum (maybe uNL as well).

I just wasnt aware that you can take out a loan for 30y that say equals to paying $850 a month, and pay more (say whatever a 15y loan payment would be) every month w/o being penalized.

At this point this is what I am understanding.

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Anyway John, I thought you were levelling so I didn't respond. There most definitely is value in being able to decide which months you can and can not pay more towards your mortgage.


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so you are saying: a 30y loan can essentially be a 15y loan, the only difference being the interest rate?

Thanks for being patient w/ me guys.