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Politics : PRESIDENT GEORGE W. BUSH

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To: joseph krinsky who wrote (241875)3/25/2002 6:41:16 PM
From: Ish  Read Replies (1) of 769670
 
Let me take a minute to some figuring on a 30 year $100k note. At 10% the payments are $877.57. Let's see that's 30x12 or 360 payments or $315,925.20. Geez, better to pay cash.

30 year 100k @ 7%. Monthly is $665.30. $239,508 total.

315,925
239,508
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Looks like a savings of $76,417. Humm, that $1500 doesn't seem like such a big factor.
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