conversation: User (gdblu): "I tried searching keywords to see if this has been posted or discussed, but didn't see it.  What are your thoughts regarding this?  I've heard the method described using a HELOC, but think this is the first using a LoC.  Any drawbacks?\n\n*Edit - My sincere apologies!  In my rush this morning, I completely forgot to post the link.  The method starts at the 20:00 mark: https://www.youtube.com/watch?v=4GonTct2WMk\n\n"
  Self: "Hi just wanted to make sure everyone is aware that mortgages and car loans as well are amoritized. You can pull out you schedule of payments that should have it all broken down for you that you should have gotten when you signed for you loan.\n  As an easy example in a non amortized interest loan of $200,000 at a 2% you would pay a total of $4000 in interest! Heck yeah! \n\nUnfortunately that is not what your reality is with said 2% interest rate\n\nYour $200,000 at a 2% amoritized interest rate actually comes out over $66,000\n\n\n\nHere is a good amortization calculator for those that are curious on this.  \n\nhttp://bretwhissel.net/amortization/amortize.html"
  