Home Affordable ModificationHello, Today I received all the paper work needed to continue with the process , and as I read I realized that my principal would change from 475000 to 548000 , and that 212k would be deffered principal and the rest would receive a 3.78% interest rate. Do you think that it would be a good idea to accept the proposal , or just walk away? BTW: my home is valued at 311kMay 25 2012 - Vista00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.