Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Help me explain this to my husband"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]HELOCs are not mortgages. 1) The interest rate is generally not fixed, so if Fed ever starts selling balance sheet, whoa nellie 2) I think generally they are 10 year terms, not 30 -- hence the monthly nut being bandied around here is much higher than a mortgage of equivalent balance. 3) Any one know if HELOCs are callable? Like if the snizel hits the fan, can the bank ask for a lump sum tomorrow? I'd imagine there are a lot more protections now after 2008 and all. Seriously OP, you inherited almost $1m and you poured it into a house you can't afford to live in?? Why didn't you buy something smaller or not in McLean? I mean, FFX is huge. Places like Burke have VRE access downown and great schools and nice homes for like $750k, or fixer uppers for $600k.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
