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Posted on 12/9/25 at 8:09 am to blueboy
Posted on 12/9/25 at 9:05 am to blueboy
Been doing it to people on home loans for decades.
Posted on 12/9/25 at 9:23 am to Night Vision
That’s probably 10% on a vehicle loan.
To the person taking that loan out,
“Are you stupid?”
That’s insane
To the person taking that loan out,
“Are you stupid?”
That’s insane
Posted on 12/9/25 at 9:32 am to Night Vision
quote:
Been doing it to people on home loans for decades.
If you are smart, a home will appreciate. That truck will 100% depreciate. Also, buying either at 10% interest rate is dumb.
Posted on 12/9/25 at 9:41 am to rebelrouser
Saved and built my last one for cash.
Paid house notes on the first two, but sold each for a nice profit.
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Paid house notes on the first two, but sold each for a nice profit.
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Posted on 12/9/25 at 11:55 am to Night Vision
Posted on 12/9/25 at 11:56 am to indianswim
Posted on 12/9/25 at 12:12 pm to Catahoula20LSU
Posted on 12/9/25 at 12:23 pm to VoxDawg
Posted on 12/9/25 at 12:41 pm to blueboy
quote:
Wait til you see home mortgages. Even when the rates were better a decade ago, you're paying a total of $400,000 for a $150,000 home on a 30YM.
Posted on 12/9/25 at 12:47 pm to TigerAxeOK
quote:
Wait til you see home mortgages. Even when the rates were better a decade ago, you're paying a total of $400,000 for a $150,000 home on a 30YM.
The best route to achieve the American dream is to pay off your first home ASAP and don't finance anything else, including vehicles. I paid off my first house in 16 years, and didn't finance my second.
Posted on 12/9/25 at 12:51 pm to TigerAxeOK
quote:
Wait til you see home mortgages. Even when the rates were better a decade ago, you're paying a total of $400,000 for a $150,000 home on a 30YM.
$150k for 30yrs is $406k
Posted on 12/9/25 at 1:06 pm to Night Vision
quote:
Been doing it to people on home loans for decades.
I brought this up a few weeks ago when the 50 year mortgage nonsense was being floated. A person with minimal risk of defaulting would pay nearly $580,000 in interest on a $500,000 home loan over 30 years. How the frick has this become accepted as normal? It’s absolutely insane
Sorry, back to the memes.
Posted on 12/9/25 at 1:14 pm to tigeraddict
Posted on 12/9/25 at 1:39 pm to tigersandsaints
Posted on 12/9/25 at 1:51 pm to Kjnstkmn
Posted on 12/9/25 at 2:37 pm to blueboy
Posted on 12/9/25 at 2:56 pm to Kjnstkmn
Posted on 12/9/25 at 3:51 pm to blueboy
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