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have smaller payments following retirement.
As an example, take a 30-year mortgage where the normal monthly principal and interest payment would be approximately $220. Using the flexible payment plan, the borrower could pay as little as $200 per month for the first eight years, then $240 for the remainder of the term. This type of home loan is being phased in on a state by state process.
If there is anything we can do to help you in the field of real estate, please phone or drop in at EILEEN M. DAY. REALTOR. Middle Street. . Washington. Phone: 675-3400. We're here to help.
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