Need advice on buying a Kirkham cobra

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#27 (permalink)

10-23-2008, 08:09 PM

jhv48

CC Member

Join Date: Aug 2007

Location: Carlsbad, Ca

Cobra Make, Engine: SPF 2932 with 438 Lykins Motorsports engine. Previous owner of FFR 5452.

Posts: 2,616

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Quote:

Originally Posted by RodKnock

...and the variables that I've seen have floors and caps.

No they don't, HELOCs are based on the prime rate plus or minus a specified percentage. Prime goes up, during inflationary times, so does your payment. They can go up or down whenever the prime rate changes. No caps or limits.

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