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I paid mine off years ago. I got the same thing then. "Name me one investment I can put this 100k into that will pay 1500 a month". That is closer to 15% per
by sumtechguy 5y ago
I paid mine off years ago. I got the same thing then. "Name me one investment I can put this 100k into that will pay 1500 a month". That is closer to 15% per year...
- tspike 5y agoYour actual return is only the interest portion of the payment, so that's an odd way to calculate it
- sumtechguy 5y agoI get what you are saying. It is fair. But my goal was to have no 'payment'. So it would need to generate enough to cover the whole thing. It was like getting a 1500 per month raise.