FDR wrote:
"v" wrote in message
...

On Tue, 19 Jul 2005 14:50:18 GMT, someone wrote:



Makes sense since in the first few years youy are paying mostly interest.


Deconstruct that a little and it makes no sense: "since initially I
would be paying mostly interest and little principal, therefore it is
better that I pay all interest and no principal"?


Yeah, because you'll be pocketing the extra few hundred a month and can save
it or invest it.



Where is this extra money coming from? Are you saying interest only
loans give better interest rates?




--
Respectfully,


CL Gilbert