06-15-2007, 11:10 AM
The currency in Taiwan is NT (Taiwanese Dollar) and it's different from the RMB (the Chinese currency.) We took out the loan in NT that has been around 33NT to $1 for a long time. I don't think we are in danger with a 2.3% fixed loan. However, just to be on the safe side, we do not have a prepayment penalty and can pay off the loan anytime.
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB
http://www.JohnRabi.com
Typically Tropical Properties
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB
http://www.JohnRabi.com
Typically Tropical Properties