Vanderbilt Mortgage - Oakwood Homes
Singlewide Financed at 17%, Only $8,000 of $35,952 Paid Went to Principal
My friend and I purchased a singlewide from Oakwood in 1998, at that time they told us due to my friends credit the interest rate would be 17%. Well we have made on time payments for 7 years and have thus far paid $35,952 on a $33,000 trailer. According to our statement we have only paid $8,000 in ...