For this reason appeal-merely financing have been considering the boot I have the right position: step one.0 Domestic ordered $220k, from inside the 2005. It is currently worth $180k, 2.0 Funded $220 K, $175 now repaired, however, $45k are IO. 3.0 ten yrs. try up getting IO and you will percentage sprang out of $125/mo. so you’re able to $825/mo. […]