SQKIKI FOREVER BLOG

I always felt headache when talk about loans and mortgage application. There are too many terms and conditions that I am not understand about. I do not even know what to think about for a first time home buyer when I bought my first home. That was the reasons I picked the wrong mortgage and ended with remortgage 2 years after. Anyway, I am happy with current remortgage program, because this is the mortgage that I chose after read much useful information.

Since then, I cannot stop to update myself on loans and mortgage related news or articles. Because I know, I will need it again. Previously, I do thinking that how good if I could repay my mortgage with longer period. However, after consider clearly, I not agreed to use 50+ years to repay your mortgage. Yes, you might pay less amount in monthly, but with extend the repayment period is mean that you have to pay more interest too. Which one or two years extended period may cost you few thousand! I think this term are not very suitable for people who are ages 30 and above, how to repay the mortgage at the ages of 70 if you not afford to working anymore?

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