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Guys do we really have DISSECT the logic of the sale. My payments are structured in 6 years for the lower rates and then I pay down to 3. Its
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02-17-2012, 03:52 PM
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#9 (permalink) |
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A True Z Fanatic
Join Date: Jul 2009
Location: ny'r livn in tx
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Guys do we really have DISSECT the logic of the sale. My payments are structured in 6 years for the lower rates and then I pay down to 3. Its the smartest way to go. I structue it that I make the pyment on my middle of the month check and pay an equal payment 2 weeks later.(principle-only).
They tell you you pay more but get a better rate when you do short-term loans. But if you do the math. The 6 yr is best. Then make double payments. 2.5 is an approx. The second payment is purely to the principle so I'm sure it will pay down in less. Last edited by UNKNOWN_370; 02-17-2012 at 03:55 PM. |
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