Talk of The Villages Florida - View Single Post - Buying Patio Villa Spring of 2012
View Single Post
 
Old 08-19-2011, 06:45 AM
thelegges's Avatar
thelegges thelegges is offline
Sage
Join Date: May 2010
Location: Drayton Plains, MI, Vietnam, Waterford, MI, Pennacamp, Fernandina, Duval, 1 retired in Richmond
Posts: 2,700
Thanks: 17
Thanked 1,940 Times in 768 Posts
Default

With the low interest rate go with 20% down and pay extra on prinicpal every
month that leaves you with cash if you need it, thats what we have done and works well, and still leaves cash in bank for those unexpected expenses, but am confused about the thousand plus payment is that your currant mortgage or what you think you will pay out for new villa?