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urgent hlp required
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you asked about whether one should move the loans at 6.7% and 7.7% to the consolidated loan at 10.2%. Ordinarily obviously not, but you have to consider monthly payments as well at total payments over 16 years.
I think we all understand japanesegirl's view about wanting to keep the house at virtually at cost but if you get a secured loan and cannot maintain payments you may be forced to give up the house in any case. Obviously there are many unknown here like the likelihood of your being re-employed in June, cost of renting in your area or cost of smaller houses that may influence the final decision0
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