The $ 400,000 remaining debt on the property should be paid off by the end of 2000. (articles.chicagotribune.com)
By utilizing this business approach, your home will most likely remain debt free and avoid all of the problems associated with debt recovery. (creditrobbersblog.com)
Basically, the loan amount is used to cancel all outstanding debt so the only remaining debt is the new loan. (badcreditloanservices.com)