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On our previous loan, we borrowed $125k and had a lower household income than we do now. I don't know either of our scores offhand, I need to check, but they were good enough two years ago, and after two years of house and car payments, all on time, I expect they've gotten better. Closing costs won't be a problem, and if we were to wait a while we could save up for a down payment.
What are the pros/cons of an ARM?
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‘07 Mazda RX8
Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc
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