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Originally Posted by Slick
I got a 30 year fixed rate loan with 6.25% interest, so that's pretty good. I hope to have it paid off in the next 3 years though if all goes as planned.
Thanks again for the comments everyone  |
That seems kinda high for the interest rate if that is a mortgage. (or did you just get a regular loan?)
I just checked BMO and their posted rate for a 5 year fixed is 5.79%, which means you can usually get one for 4.79% with basically no dickering. I just locked mine in a few months ago for 5.5% so I am kinda kicking myself for not getting a better rate.
Nice house BTW.