Is it possible for a loan of $510,000 to create a payment of $1650? I think the Lender is hiding something.

Is it possible for a loan of $510,000 to create a payment of $1650? I think the Lender is hiding something.
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 Is it possible for a loan of $510,000 to create a payment of $1650? I think the Lender is hiding something. Venus˛˛ Reply Send to a Friend   Print
 
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Is it possible for a loan of $510,000 to create a payment of $1650? I think the Lender is hiding something. Venus˛˛ 11-14-2006
If this is a fix loan, 6.5%, 30 years, I don't see how they can make the
payment so low. Normally for this loan, the interest will be in the $2,780
minimum. I tried 40 years and I still see $2500/mo of Interest.




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