Mortgage interest on the new house until we sell our current home?
My husband and I want to buy a house that we found. The seller accepted a position outside the city and sell as quickly as possible. The house is a lot. The problem is that we still have the house where we live is we bought 4 years ago as foreclosure and redone the whole house, so practically new. We have at least 25,000 in equity. I think to get a single loan interest on the new house until we sell our current house wonder. Is this possible? be an idea of how much a mortgage interest that $ 190,000 house? Thank you