LJ: credit crunch affecting consumers yet?

glatt · 05-13-2010, 07:27 AM

I was talking about this to my wife last night, and apparently they send quarterly statements on the mortgage. Those statements include a coupon to use if you want to make an extra payment to be applied to the principle. So I think we'll probably go with the 20 year note, do automatic deductions for the exact amount, and just use those coupons each quarter to make an extra principle payment with a check.

It's nice to have the choice be between different good options. That never seems to happen. Usually it's "Do you want the shit sandwich or the shit soup?"

05-13-2010, 07:27 AM	#34
glatt ™ Join Date: Jul 2003 Location: Arlington, VA Posts: 27,717	I was talking about this to my wife last night, and apparently they send quarterly statements on the mortgage. Those statements include a coupon to use if you want to make an extra payment to be applied to the principle. So I think we'll probably go with the 20 year note, do automatic deductions for the exact amount, and just use those coupons each quarter to make an extra principle payment with a check. It's nice to have the choice be between different good options. That never seems to happen. Usually it's "Do you want the shit sandwich or the shit soup?"

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)