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.
Current local time in Hays, Ellis County, Kansas, Central Time Zone - daylight saving time change dates 2016. 06:41:34 PM, Saturday 13, August 2016 CDT 24 hours. DST started on Sunday 13 March 2016, 02:00 local standard time (CST) DST ends on Sunday 06 November 2016, 02:00 local daylight time (CDT)