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re: 40 year mortgage gets the green light

Posted on 4/6/23 at 6:30 am to
Posted by joshnorris14
Florida
Member since Jan 2009
45279 posts
Posted on 4/6/23 at 6:30 am to
quote:

Yea, totally worth it.


$140 invested over 30 years at an 8% average rate of return is over $200,000.
Posted by iron banks
Destrehan
Member since Jul 2014
3768 posts
Posted on 4/6/23 at 6:39 am to
Can you say indentured servants.
Posted by el Gaucho
He/They
Member since Dec 2010
53152 posts
Posted on 4/6/23 at 7:29 am to
quote:

$140 invested over 30 years at an 8% average rate of return is over $200,000.

This doesn’t exist
Posted by BestBanker
Member since Nov 2011
17494 posts
Posted on 4/6/23 at 12:35 pm to
quote:

$140 invested over 30 years at an 8% average rate of return is over $200,000.

Should be a 40 yr loc calculation that creates @ $490,000.

Use Dave Ramsey ror, and it would be almost $1.7 million.
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