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Life After Brown
House Hunting 2018
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<blockquote data-quote="rod" data-source="post: 2109761" data-attributes="member: 5382"><p>I think my first house loan was at 13 percent. (it was for only $8,000) We had saved up $10,000 the first year we were married for a down payment on our $18,000 lake home. We had it paid off in under 2 years. That was the ONLY house loan I've ever had. I didn't want to burn up my GI Loan because at that time you could only apply for it one time and I figured I might need it more later on--never did. My house payments were set at $98 a month and that included property taxes and home loan insurance. The only car loan I ever had was for a $600 car back in 1966. CASH IS KING</p><p></p><p>Good luck on buying your first home.</p></blockquote><p></p>
[QUOTE="rod, post: 2109761, member: 5382"] I think my first house loan was at 13 percent. (it was for only $8,000) We had saved up $10,000 the first year we were married for a down payment on our $18,000 lake home. We had it paid off in under 2 years. That was the ONLY house loan I've ever had. I didn't want to burn up my GI Loan because at that time you could only apply for it one time and I figured I might need it more later on--never did. My house payments were set at $98 a month and that included property taxes and home loan insurance. The only car loan I ever had was for a $600 car back in 1966. CASH IS KING Good luck on buying your first home. [/QUOTE]
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