payments opinion

Originally Posted by Chuck33079 I'd be ok with 48 assuming I could throw additional cash at the principal every month. This is called a simple interest loan. You can pay

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payments opinion

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01-03-2014, 03:59 PM

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Gadgetech

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Quote:

Originally Posted by Chuck33079

I'd be ok with 48 assuming I could throw additional cash at the principal every month.

This is called a simple interest loan. You can pay it off at anytime and making any payment over and above the amount due goes to principle.

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