Personal Finance (Not Investing) • First Republic line of credit - 100k @ 2.25%, any concerns? [And other financial considerations]

I received an email this morning that in a few months at the end of the two year draw period the payments will convert to amortized vs interest only. The SOFI loan portal still “forecasts” interest only payments when looking into the future, though. Not too surprising per the original terms, interest only for the life of the loan would have been sweet though.

Statistics: Posted by mentos — Sat May 25, 2024 1:01 am — Replies 297 — Views 60113