A $310,000 Mortgage With a $999 Monthly Payment!
- By Ed Lathrop
- Published 05/8/2007
- Mortgage
- Unrated
Ed Lathrop
Ed Lathrop is a successful Real Estate investor. He has developed EzCalculator, a Mortgage Calculator that calculates anything to do with mortgages, shows you how to pay off credit card debt and much more. EzCalculator includes a Biweekly Mortgage Calculator and the famous "How to Make $100,000 on Paying Down Your Mortgage" calculator. There are no popups or spyware at this site. Come visit this free site at Free Mortgage Calculator!
http://www.ezcalculator.com
A $310,000 Mortgage With a $999 Monthly Payment!
A friend of mine called to inform me he had gotten some great news in the mail. He received a letter from a lender in California informing him they would give him a $310,000 mortgage and his monthly payment would only be $999! "Think of the house I could buy," he
told me excitedly! "I know I could qualify to make a monthly payment for twice as much and if I sell my house which has a $200,000 equity and we use it for a down payment, I could get a million dollar house! Wow! What am I waiting for?"
His figures were only slightly off.
His figures were only slightly off.