|
|
|
|
|
by RNeff
1892 days ago
|
|
Our strategy was to get a 30 year, with the lower payments. When we both had jobs, we would pay extra per month to be close to 15 year mortgage. If one of us was laid off, we pay the 30 year (on the loan) amount. We watched the rates, and refinanced a couple of times for 30 years. Being in Silicon Valley, the house appreciated every year more than the payments. So it was a place to live, and an investment. |
|