Hi,I saw this in the description of an income property with an assumable mortgage. I looked for this sort of thing on mtgprof and it wasn't obviously there. I take it to mean that it is a mortgage with payments computed as if it was 30 years but which "balloons" for a payoff payment at 20 years. Is this right, and if not, what is it?Thanks,Foobarista, trying to learn...
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra