Looking for a remortgage low fixed rate over 22 yrs?
Answers:
Try RegionalMortgages.com
I've heard of a 20, 25 and 30 year mortgage. Source(s): http://www.regionalmortgages.com
There is really no 22 Years fixed mortgage, but you can either get a 20 Year fixed rate or obtain 30 and ask your loan officer to calculate how much to pay monthly so you settle it off in 22 years. There is really no difference. You will income exactly the same amount in interest as if it really be a 22 year fixed loan. Source(s): I am Mortgage Loan Officer in Illinois.
So why are you asking here? Go to This is Money.com and see whats available.
Why would you do that to yourself over 8 lousy years/?
do a 30 yr fixed.. if you can afford to put more on principal some months consequently do it.. thats gong to work out better than screwing around with a 22 yr mtg.
Your principal get paid down faster, you can pay what you want to above the clearing that you know you can handle....... win - win
don't mess with a system that works.
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