5 ms·
Another way of looking at it... if you are taking out a $650,000 30 year 3% fixed loan, it is $2,740/month At the current rate of 7.5%, it's $4,545.
by pcurve 4y ago
Another way of looking at it... if you are taking out a $650,000 30 year 3% fixed loan, it is $2,740/month
At the current rate of 7.5%, it's $4,545.
- x86_64Ubuntu 4y agoThat really puts it into perspective.
- csomar 4y agoThe magic of compound interest over very long periods.