[octagondd]

A Couple more questions for *** and/or Prof.

What are the implications of not making a payment even if I have the ability to do so? I can forecast that my savings will be gone by April 09 and will not be able to make a full payment at the current interest rate from that point on, let alone a higher payment due to my rate resetting. If I try to cut my losses now, does the lender have recourse?

Thanks,
Dave