Posted 3/4/2021 06:42 (#8871754 - in reply to #8870407) Subject: RE: interest rates
USA
SpartyMike - 3/3/2021 11:25
I just went from a long term fixed to a 5 yr fix. You have to also figure in the lower principal at the end of 5 (in my case $100K) just by making the 5 annual payments. Throw in some extra principal over that 5 yrs and even if rates go up quite a bit the payment should still be manageable.
interest rates
