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What did u do to your raptor today?
- Thread starter CAbimmer
- Start date
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SilentShooter
FRF Addict
Same here.. Just when I think everything is paid off I order more mods and have to pay for those
jdruzik
FRF Addict
Finally paid it off.
Congratulations... I was fortunate enough to be able to do that also...
Mariner
FRF Addict
That's awesome! Between my truck loan, mod loan, and student loans, I'll probably die in debt. But no really I don't even have a mortgage yet hahah....Finally paid it off.
Man, it'd be nice not to have a mortgage... let alone 3 of them!
John813
FRF Addict
Haven't done much to the Raptor, but some decent plans this year:
1. Tune by SVC
2. Mag-hytec/afe pans
3. Methods
4. Exhaust
Last year was house mods, now it's time for fun mods.
While it's awesome to "own" a house, it sucks seeing how much money goes towards interest the first handful of years of getting a mortgage.
12k last year, including PMI, went towards interest.
1. Tune by SVC
2. Mag-hytec/afe pans
3. Methods
4. Exhaust
Last year was house mods, now it's time for fun mods.
While it's awesome to "own" a house, it sucks seeing how much money goes towards interest the first handful of years of getting a mortgage.
12k last year, including PMI, went towards interest.
Mariner
FRF Addict
Holy crap! Brutal... I think I'll drag this renting thing out a little longer and pay off a student loan or 2 before I drop a lump sum on a house.
---------- Post added at 04:06 PM ---------- Previous post was at 04:05 PM ----------
While it's awesome to "own" a house, it sucks seeing how much money goes towards interest the first handful of years of getting a mortgage.
12k last year, including PMI, went towards interest.
Ouch man... that's how I feel about my student loans haha. Paying your own way through college blows.
---------- Post added at 04:08 PM ---------- Previous post was at 04:06 PM ----------
Btw good plans. Those are definitely need to do items.
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Deleted member 12951
Guest
While it's awesome to "own" a house, it sucks seeing how much money goes towards interest the first handful of years of getting a mortgage.
12k last year, including PMI, went towards interest.
All relative to each persons situation. Pay less than $4k in interest and no PMI. Property taxes around $2k
Does help to have a fixed 15yr at 2.5% though
Mariner
FRF Addict
I've had so many people recommend that 15 year mortgages. They say the payment is only a little more but you save tens of thousands in interest
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Deleted member 12951
Guest
Actually if you get a 30yr but make 15yr type payments, it comes out to be the same.
Example:
$200k @ 5% for 30yr
$1074 payment, total interest $186.5k
Same at 15yr
$1582 payment, interest $84.7k
Add $508 to 30yr payment, same thing.
Biggest advantage is usually the 15yr has a lower rate than a 30yr.
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