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<blockquote data-quote="3Roosters" data-source="post: 348637" data-attributes="member: 1351"><p>One purchased with cash available. I have no appetite for taking out a 5-10 yr loan for 9 month/yr usage tops IMHO. For example sake, $85,000-10yr loan at 4% would be $860 bucks a month payment, each and every month for 120 months. $18,000 in interest over that time frame, thus paying back a total of $103,000! For me personally, writing a check for $860 in those months when its friggening freezing out would be a tough pill to swallow. I'm getting old! haha as there is no way in hell i personally would be spending that amount of dollars as personally it would not pen out for me. To each thier own however.</p></blockquote><p></p>
[QUOTE="3Roosters, post: 348637, member: 1351"] One purchased with cash available. I have no appetite for taking out a 5-10 yr loan for 9 month/yr usage tops IMHO. For example sake, $85,000-10yr loan at 4% would be $860 bucks a month payment, each and every month for 120 months. $18,000 in interest over that time frame, thus paying back a total of $103,000! For me personally, writing a check for $860 in those months when its friggening freezing out would be a tough pill to swallow. I'm getting old! haha as there is no way in hell i personally would be spending that amount of dollars as personally it would not pen out for me. To each thier own however. [/QUOTE]
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