SC Wisconsin | cornncows - 1/30/2015 05:12
Get 30 year note if they will allow. Then pay as much extra as possible each year towards it after you know how it produced for the year. Most likely pay off in 15-20 years but option to pay just normal payment that is less if a bad year comes up.
This is how I approached it too. You can always pay more per year if you have the funds, but it's nice to have the option to fallback to a lower payment. I'm disciplined enough to pay ahead, others might find that challenging. |