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Bank loan vs Mortgage
Fundaah
#1 Posted : Wednesday, May 27, 2009 2:29:00 PM
Rank: Elder


Joined: 11/19/2008
Posts: 1,267
Instead of taking a 20year mortgage for a 3m house in the outskirts of Nairobi,wouldn't it be more prudent to take a 5 year bank loan for almost similar monthly instalments and disentangle yourself from the 20year /lifetime mortgage imprisonment ?

I mean fundamental analysis,you get me?

Fundamental analysis of a business involves analyzing its financial statements and health,its management and competitive advantages,and its competitors
Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
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