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Updated about 4 years ago on . Most recent reply

Chris Mendoza's profile image
Chris Mendoza's profile image
Chris Mendoza
  • Rental Property Investor
  • from Montclair, NJ
  • Member since Jan 31, 2019
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Chris Mendoza's profile image
Chris Mendoza's profile image
Chris Mendoza
  • Rental Property Investor
  • from Montclair, NJ
  • Member since Jan 31, 2019
Connect
Chris Mendoza
  • Rental Property Investor
  • Montclair, NJ
4
Votes |
30
Posts
Mortgage Brokers & Lenders

ARM vs Fixed Mortgages

Chris Mendoza
  • Rental Property Investor
  • Montclair, NJ
Posted

I have been having a hard time finding an answer for this question: Are ARMs amortized at a different rate than 30 year fixed? (yes I understand the interests rates may differ)

For example are you paying twice the interest on the front end prior to actually getting to pay down the principal...

Thanks in advance!

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