How come you pay a $100K car off in 6 years, but a - Loan Modification - Free Foreclosure Help

Loan Modification - Free Foreclosure Help - Help Stop Foreclosure » Help Stop Foreclosure - Loss Mitigation Help » Help Stop Foreclosure » How come you pay a $100K car off in 6 years, but a

Help Stop Foreclosure Chat about everything Mortgage related. our staff are ready to answer any Mortgage questions you may have. All advice is free.

LinkBack

Thread Tools

Display Modes

#1 (permalink)

11-28-2010, 03:10 AM

AmBeautiful AmBeautiful is offline

Junior Member

Join Date: Nov 2010

Posts: 1

How come you pay a $100K car off in 6 years, but a

$100k home takes 30 yr mortgage? Then when you are done paying off the home you have paid at least triple what it costs. Even with a low interest rate you still have 30 year mortgage payments. You can pay your annual taxes in monthly installments without having to pay so many fees. Does anyone understand the difference in terms?

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On

Contact Us - Short Sale Help - Archive - Top