Hi, Guest
01-24-2006, 12:43 PM
Andrew, that calc must be off, because it's more than that. It could be because of the way they calculate my US income. When I first got this house, they only valued my US income at 1.40, when it was 1.65 at the time. They were prophetic I guess. Maybe they're looking at an at-par dollar, or even worse in the near future?
I'm not worried about what they say we can get. We're excellent budgeters. We'll work that out ourselves. The chance of losing a job is always there, but it's just something you gotta deal with.
I know based on how this was figured, we'd have no problem. That number was based on the assumption we'd use equity from this house to pay off the Seadoo and S2. Those two monthly payments more than make up for the difference between what we're paying on the current mortgage, and the new one she's suggesting.
I'm not worried about what they say we can get. We're excellent budgeters. We'll work that out ourselves. The chance of losing a job is always there, but it's just something you gotta deal with.
I know based on how this was figured, we'd have no problem. That number was based on the assumption we'd use equity from this house to pay off the Seadoo and S2. Those two monthly payments more than make up for the difference between what we're paying on the current mortgage, and the new one she's suggesting.