- Joined
- Nov 24, 2008
- Messages
- 32
Hello
I have a question that I can't seem to answer myself because of future rates upscaling. this is my 3rd 6plex
good cash flow and a VTB. The Mortgage Broker is offering his best that he can do scenario:
25% down (help from VTB)
25 year AM
3year at 4.55% , 4 year at 5.19% , or 5 year 5.69%
between the 3 and 5 it's a 100$ extra in monthly cash flow but if i put that extra 100$ on the mort per month at the end of the 3rd year term I would pretty close to the balance of the 5th year term.
thank you in advance
I have a question that I can't seem to answer myself because of future rates upscaling. this is my 3rd 6plex
good cash flow and a VTB. The Mortgage Broker is offering his best that he can do scenario:
25% down (help from VTB)
25 year AM
3year at 4.55% , 4 year at 5.19% , or 5 year 5.69%
between the 3 and 5 it's a 100$ extra in monthly cash flow but if i put that extra 100$ on the mort per month at the end of the 3rd year term I would pretty close to the balance of the 5th year term.
thank you in advance