Zeev's Turnips Patch-No Politics (ZEEV)

[leon]

Ken2, to me the slightly higher rate is a small price to pay for the additional flexibility and peace of mind it offers. as to your interest only loan, are you sure there is not a balloon payment due at some point? Can you just convert for a modest fee? also, i assume there are no pre-payment penalties? one final thought that you've touched on but may want to revisit is the future direction of rates. while obviously none of us know for sure, we can view the probabilities from a risk/reward standpoint. in other words which vehicle, variable or fixed, offers the biggest reward relative to risk or vice-versa. to me the evidence is pretty clear but, that as well as my other opinions, are just that. good luck whichever way you go. LEON