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.
Eastern Standard Time ( EST ), the time zone New York is in, which is 5 hours behind Greenwich mean Time (GMT) Central Standard Time ( CST ), the time zone Chicago is in, which is 6 hours behind Greenwich Meantime (GMT) Mountain Standard Time ( MST ), which is 7 hours behind Greenwich Mean Time (GMT) Pacific Standard Time ( PST ), the time zone Los Angeles is in, which is 8 hours behind Greenwich Mean Time (GMT)