Like a regular construction loan, you will make only interest payments during construction. However, instead of asking you to pay the balance of the construction loan after your home is complete, the lender will automatically convert the loan to a standard mortgage, and you will begin paying both principal and interest each month.
Manhattan, Kansas is GMT/UTC - 6h during Standard Time Manhattan, Kansas is GMT/UTC - 5h during Daylight Saving Time.anhattan, Kansas is GMT/UTC - 6h during Standard Time Manhattan, Kansas is GMT/UTC - 5h during Daylight Saving Time.
Saturday, April 8, 2017. Omaha time zone: UTC-05:00 or CDT. Daylight saving time is in effect in Omaha. See recent and expected DST changes in Omaha in the table below.