3volver@lemmy.world to General Discussion@lemmy.worldEnglish · 2 years agoDoes this plan make sense? v3lemmy.worldimagemessage-square429linkfedilinkarrow-up1718arrow-down186
arrow-up1632arrow-down1imageDoes this plan make sense? v3lemmy.world3volver@lemmy.world to General Discussion@lemmy.worldEnglish · 2 years agomessage-square429linkfedilink
minus-squaretoiletobserver@lemm.eelinkfedilinkarrow-up2·2 years 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.