Crunk Times, My friend.....Crunk Times

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Q for those with homes...
I am looking at refis...not that I can right now, but just saying.

Say you originally had a 30 year mortgage. You are on year 8. You do a re-fi. Do you start over at 30 or are you still at 22 with a lower rate?
That's gotta be part of the negotiation. It just hasta. If it isn't, then the refi is a scam just like the front loading of the interest deal is.

 
No good can come of this.
Imagine, WSW's wife puts his goggles on and says '******' only to end up previewing the last few moments of WSW fondling one of his daughters.
//content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gif:crap://content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gif
I really thought that was going somewhere else.

 
The frontloading of interest isn't a scam. It's the way amortization works. If you loan someone money, it works the same way, so I don't consider it a scam.
Of course you don't. You're int he scamming business that is finance.

What I find odd is that re-fis sounds like such an excellent deal, but at year 8 you are knocking down principal now...at a nice clip. If you re-fi, you start the amortization process all over again an t0....and back to paying 90something percent of the payment in interest.
See, you see the SCAM THAT IT IS!

 
sorry guys ive been away....prob after prob. after this ice storm, multiple trees fell on my house //content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gif im having them removed right now.
Daymn welcome back yo. You end up keep yo job?

 
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bdawson72

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