ezdriver I am like you I sent the question to my mortgage banker. she called me today ( I couldn't talk I was in the grocery store) but she says that even though im putting 10% down it will be the life of the loan. Just as you wer told.
So YES I understand what I am reading here but it is directly contradictory to what I am being told. she couldn't see the attachment I sent last night so I will talk with her tomorrow and ensure she can see the table and information we have been discussing.
Although like you i was planning to refiniance in a few years to conventional as well but if it will drop off (and I can confirm that) then i may reconsider.
