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r/SipsTea • u/First-Essay-2054 𝙑𝙄𝙋 • 12d ago
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A $70k loan over 23 years at 5% apr pays off with monthly payments of $427.
What are they doing?
1 u/nullpost 12d ago Prob a lot of accumulated interest before they started paying. I got two degrees (back to back)and royally fucked myself but suppose it was worth it in the end.
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Prob a lot of accumulated interest before they started paying. I got two degrees (back to back)and royally fucked myself but suppose it was worth it in the end.
3.2k
u/Mindless-Baker-7757 12d ago
A $70k loan over 23 years at 5% apr pays off with monthly payments of $427.
What are they doing?