Mortgages Home Loans – bankruptcy modification
answers to your mortgage loan questions
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Home Loan Interest?
Posted on September 28th, 2009 5 commentsrachie asked:
Does home loan intesrest vary depending on the price of the home or is it just dependent on how long you take the mortgage out for?
Say, would you pay more interest on a higher priced home than you would a cheaper one, just based on price? or would it be the same amount of interest only depending on the term of the loan (and of course the interest rate) ?
I know it depends on credit too, but what i really want to know is if the price of the home has anything to do with it at all..
BENJAMIN



