Replies to post #483 on Dr. M.M. Pennynickle's ... Blood Money

[MWM]

I financed about 130K, my payment with escrow went from about 750 a month to about 975 a month over the last 3 year period... I'm looking forward to it heading back down... after 10 years my int. only loan converts into a fixed loan for the remaining 20 years... Definetly not the best loan out there but if it goes back down I'll be a happy guy... It adjusts every 6 months