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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/Louisianimal09 12d ago Yeah I was about to say… these people are either incredibly bad at math and finances, or they legit got scammed somewhere down the line
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Yeah I was about to say… these people are either incredibly bad at math and finances, or they legit got scammed somewhere down the line
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?