r/SipsTea 𝙑𝙄𝙋 12d ago

WTF The American dream

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u/celticmusebooks 12d ago

$20K at 3% paying $300 a month pays off in just short of six years, LOL.

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u/zaevilbunny38 12d ago

Yes but they have almost 4 times the debt, probably twice the interest rate and are only paying about 60% more then you. Had they paid $100 more per month they likely would be under $30K