Submitted by TenDogsInATrenchcoat t3_126nqo7 in personalfinance
DireFog t1_jea9j9b wrote
Reply to comment by goclimbarock007 in Is it normal to pay an extra 66% of a home loan back to your bank? by TenDogsInATrenchcoat
Ah, that's possible, how silly of me to miss that Euro symbol. I think most of this sub defaults to assuming "American financial regulations" unless otherwise specified.
Just logically that seems like a horrible idea though. If you sell your house before the 38 years are up you are automatically deep underwater because you will instantly owe six figures on top of whatever is not paid off yet.
Right?
Seems crazy to me.
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