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Zuckerberg’s Loan Gives New Meaning To The 1%

• HockeyPlayer 14y ago
  The main reason it is so cheap is that he is not locking in a rate. Regular borrowers who are willing to have their rate adjust monthly can also get great rates.
  • will_work4tears 14y ago
    Do you think the fact that he can pay off the loan many times over helps? I mean if I were a bank, 1% is better than no interest if he pays it off.
    • briandear 14y ago
      Anyone can get that rate if they're doing adjustable rate mortgages. But ARMs are what contributed to the housing crisis -- they're not a smart loan if one is dependent on a paycheck. *by anyone I mean those with qualifying credit..
• malandrew 14y ago
  The moment the rate is adjusted and it rises above inflation he could just pay it off in full.