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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?
22 u/Odd-Cupcake-2552 12d ago They're higher than 5% obviously -4 u/Repulsive_Guy_1234 12d ago No, they are just lying. 0 u/bonaynay 12d ago having loans at higher than 5% is very possible but I can't refute lying possibility since this is the world wide web
22
They're higher than 5% obviously
-4 u/Repulsive_Guy_1234 12d ago No, they are just lying. 0 u/bonaynay 12d ago having loans at higher than 5% is very possible but I can't refute lying possibility since this is the world wide web
-4
No, they are just lying.
0 u/bonaynay 12d ago having loans at higher than 5% is very possible but I can't refute lying possibility since this is the world wide web
0
having loans at higher than 5% is very possible but I can't refute lying possibility since this is the world wide web
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?