Any lenders that consolidate 5 different Sallie Mae student loans and a fixed rate 30yr loan on my condo?

Answers:0   |   LastUpdateAt:2012-09-28 19:05:02  

Question
letty
Asked at 2012-09-28 19:05:02
I would like to consolidate 5 different Sallie Mae student loan and a fixed rate 30yr loan on my condo in a 5yr loan . The intention is to get a decent rate and reduce the total interest paid for making large payments for 60 months . MedlinePlus MedlinePlus I ran the numbers and you can afford the larger payments . I have more than enough home equity to finance the loan . MedlinePlus MedlinePlus A HELOC seems advantageous in that the interest rate is fixed and not amortized and help if I could pay the loan off early . But I'm not sure how high the interest rate can be compared with a typical loan amortized over 60 months. MedlinePlus MedlinePlus Does anyone know of a credit institution in good standing that would allow this? Or does anyone have any other tips to speed up these loans ( possibly only make additional payments of principal and leave loans as they are ? ) MedlinePlus MedlinePlus I realize that many homes loans offer a minimum of 10YR terms .
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