Posted 4/24/2012 09:56 (#2351587 - in reply to #2347533) Subject: Re: USDA Farm Loan 40 year note vs. Farm Credit 30 year note
Kooiker - 4/21/2012 21:37
Sodbustr - 4/21/2012 20:24. I agree with getting out of FHA, a 40 year note with low interest is still a 40 year note and a lot of interest over the lifetime of the note.
You don't have to take the entire 40 yrs to pay it off.
^^ you can pay ahead which would reduce the yield on the loan