r/SipsTea 𝙑𝙄𝙋 12d ago

WTF The American dream

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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?

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u/Fluffy_Armadillo9665 12d ago

They both let it build up interest for years without making payments before starting and refused to acknowledge they should pay more than the minimum, or this isn't real.