Posts Tagged ‘take’
Question by Think about it: Is it far better to take out student loans or pay in money?
If a person has a lump sum of savings is it far better to use it up in tuition and housing (40k/year) or purchase a home and take out student loans?
I don’t qualify for a house loan but I do for student loans.
Greatest answer:
Answer by Rowdy Yayhoot
Pay cash for school and get a low interest home loan. No brain-er. Pay a lot much less in interest.
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Question by Believe about it: Is it greater to pay in cash for college or take out student loans?
Law school will expense 150,000. If a person has that significantly saved up in money, should they pay off their mortgage and take out student loans, pay for tuition or save/invest the money and take out student loans?
My mortgage is interest only and with my bad credit and no work history in the past year there’s no way I can ever refinance it for the next 10 years factoring in college time, etc.
Greatest answer:
Answer by T funds
Which has a lower interest rate? The mortgage or student loans? Paying off a mortgage early may possibly save them a lot of funds in interest. . Student loans are low interest and can be paid off years down the road.
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Question by angel1183: Where can I come across a mortgage calculator that can determine how many years it will take to pay our loan back?
…if we enter the interest rate, loan amount and how a lot we pay each month. I know it will be paid off early, but I want a more particular time frame.
Thanks!
Greatest answer:
Answer by Vincent B
eloan.com they have a mortgage calculator. really great one!
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Question by jimmy: I will need some tips on selling my vehicle to my buddy that cannot take over the loan.?
So I’m still paying for my automobile and cannot truly afford it anymore so a buddy is providing to take over the payments. I know the very best factor to do is for him to apply for a loan to pay off mine but he cannot do that. Can I get a notarized contract with him and it be legal? The loan would still be in my name and every thing but he would be generating the payments and he would be acquiring it insured in his own name but I want to make positive that I would be secure from liabilities.
Really in a tough position correct now something assists. Thanks
Best answer:
Answer by PETER GRIFFIN
Yes, you can.
But be forewarned that it he misses payments, your credit will be damaged. And if he causes an accident or commits a crime, you will be held responsible.
So only do it if he is trustworthy.
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