3volver@lemmy.world to General Discussion@lemmy.worldEnglish · 8 months agoDoes this plan make sense? v3lemmy.worldimagemessage-square432fedilinkarrow-up1728arrow-down186
arrow-up1642arrow-down1imageDoes this plan make sense? v3lemmy.world3volver@lemmy.world to General Discussion@lemmy.worldEnglish · 8 months agomessage-square432fedilink
minus-squaretoiletobserver@lemm.eelinkfedilinkarrow-up2·8 months agoUnder the current system, i think we’d call these interest only loans. It only works in a scarce resource situation that drives cost. And we do exactly this to eliminate private mortgage insurance, a debt to equity ratio.
Under the current system, i think we’d call these interest only loans. It only works in a scarce resource situation that drives cost. And we do exactly this to eliminate private mortgage insurance, a debt to equity ratio.