This higher rate coupled with extra ten years of loan, has borrower paying 47% more interest, or $55,000 more over life of loan. Even with a lower payment that supposedly makes it more affordable to purchase that home. Sounds like a pretty good deal for lender.

Another problem borrower faces is building equity much more slowly in beginning of loan. The extra interest expense paid for extended length of loan prevents equity from building up quickly. All of this for a monthly payment that is only $35 less.

You need to think in terms of overall cost and not just monthly payments. The total cost is what you will give back to your creditors. The focus on monthly payment takes attention away from total amount to be repaid. You need to look at this with any indebtedness, car payments, personal loans, credit cards: figure total cost, not just what you pay each month.

You'll begin to hear more about these loans I'm sure. Think long and hard before you lengthen your indebtedness. The goal is to become debt free and to do it as fast as possible. Advise your families and friends to do same.

US Domestic SEC filling form.

Annual Filings Annual Filings 10K requires GAAP 20F no GAAP audit and audit and attorney no attorney responsibility responsibilty for requirement for document content.

Three 10Q requires There are no other Attorney liable required SEC for document responsibilities forcontent a Non-US Company Annual Shareholders Report

Annual General Meeting

Private Placements Shares Held Shares Held for one year. for 42 days.

Stock Sale Report Stock Sale Report Yes No

It is far easier to raise Private Placement money for a company when required hold period is 42 days rather than one year. The non-US private placement investors are at far less risk of losing their risk capital. They are in a position to make a profit in less than one-sixth time of an investment in a US Domestic Company. However, both US Domestic and Non-US Firms are subject to US Full Disclosure requirements and investment fraud is a felony in United States no matter jurisdiction of incorporation of company.

If you are CEO or CFO of a private Non-US Company seeking Private Placement investment or if you are a US Domestic Company seeking to become a multinational corporation, I can help you go public in United States. Email me at Beowulfinvestments@Earthlink.net