Hi all,
I have a question about the P&I. Here in Holland there are several ways to create a mortgage; interest only / annuity payments / linear principal payments. Furthermore there are 20 / 25 / 30 year constructions available.
Now my question: what numbers should be taken with regards to the different calculations to be made (cash flow etc). A 30 interest only mortage is completely different than a 25 year linear (with regard to the monthly P&I payments)
Any advice / remarks are more than welcome!
Regards, Raymundo