My bank faxed me a letter saying that I've been approved for a loan of $125,000 at an interest rate of 4.75% and a term of 15 years. I'm not sure what kind of crack they are smoking at the bank, but I say, "hook me up with some of that!" I guess they will be handing the check over to the condo directly, so I won't see a penny of the money, but it's still kind of crazy to be talking about that amount of money for an apartment. My last apartment, a studio, cost a mere $2000 more than what I'm about to borrow.

Previously on the apartment:
- kitchen cabinet design
- contract and mortgage
- appliance shopping
- floor and counter ideas
- the apartment
- the floorplan

Posted by tien mao in House and Home at 6:03 PM