Posted on: 18th Jun, 2011 07:30 am
how long can it be extended
Welcome Guest,
It will depend upon you and your lender. You can go for 15 year loan or a 30 year loan. If you go for a 15 year loan, your monthly payments will be high. If you're interested in taking out a 30 year loan, then your monthly payments will be low.
It will depend upon you and your lender. You can go for 15 year loan or a 30 year loan. If you go for a 15 year loan, your monthly payments will be high. If you're interested in taking out a 30 year loan, then your monthly payments will be low.
sure you can always refinance or get a second mortgage - i've known 100k homes to take 55 years to pay off. it depends on your reason to extend. normal lenders will only do a 30yr off the bat though.