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- 2011-7-11
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- 2013-9-9
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Fully amortized at maturity or over life?
What is the difference when we say a Home Equity Loan (HEL) is fully amortized at maturity and a Manufactured House Loan is fully amortized over life of loan?
From what I feel is that, the HEL is a bullet payment on the maturity of the loan (if fully amortized at maturity?)
And the MHL is payments distributed over life of the loan..
Help! |
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发表于 2011-7-11 19:29
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