"only a greedy idiot"
Well not if you have the money to pay it off anytime you want.
Quote: "only a greedy idiot"
Well not if you have the money to pay it off anytime you want.
LOL That's why they are taking out the Interest only loans-they don't have the money. Maybe 1-2% have the money to pay off anytime they want and take out IO loans because they plan to move in 1-2 years.