• @cm0002
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    112 months ago

    How do they have a 1.9m balance with monthly payments of 11k but have a maturity date of just 18 months away??

    • @jordanlund
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      42 months ago

      WTF takes out a 60 month mortgage?

      $11K/mo. x 60 = 660,000, so at the end you have a balloon payment of 1.2 million?

      • @SeattleRainOPM
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        52 months ago

        This is in Canada. They don’t offer 30 year fixed mortgages generally.