AgTalk Home
AgTalk Home
Search Forums | Classifieds (21) | Skins | Language
You are logged in as a guest. ( logon | register )

Farm Loan Payment Early
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
Kooiker
Posted 10/7/2024 14:03 (#10918313 - in reply to #10918244)
Subject: RE: Farm Loan Payment Early



He’s still paying principle 4 months early.  


$10,000 borrowed at 5% cost $1.36 every day.  


If you pay $10,000 of principle 100 days early, that saves $136 in interest cost.  



Edited by Kooiker 10/7/2024 14:04
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)