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.
Most cities located in Central Standard Time (CST) zone currently observe Daylight Saving Time (DST). Therefore, most cities there are using Central Daylight Time (CDT). Example of location: Houston. Use the search bar above to look up by city and not by time zone.