Looking to get some perspective on a GradPlus loan I'm thinking of taking out this year. I would greatly appreciate any feedback.
Normally, I only borrow only what I need. This year, due to the new lower 5.3% interest rate compared to last year's 7.08%, I was hoping to take out the maximum...
I'm no mortgage expert but I think I understand APR vs interest rate when getting a loan, (i.e. APR is your effective interest rate after they roll their fees into the loan, so basically it's your effective interest rate) and this one has me stumped. So I got a call from my current mortgage...