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SteveC · February 8th, 2005, 17:25

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....a loan from Key Bank for Ari Ben in Fort Pierce for $48,500 (training, living and a 4 yr degree), with a cosigner (good credit, just haven't had credit long enough)...

Well with a fairly reasonable interest rate of 5.78%...the loan will take my 15 years to pay off (180 months)

I will end up paying Key Bank...$79,399.80 when all is said and done.

Thats roughly $30,899.80 in just interest. I hope my medical doesn't fail me...

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WOW thats a lot in interest...never realize how much it is until you actually see it like that.

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I don't even have to say anything, do I????

February 8th, 2005, 17:25	#11
SteveC Ameliorator Join Date: May 2003 Location: GRR Posts: 11,203	Re: How difficult is it to get financing? [ QUOTE ] ....a loan from Key Bank for Ari Ben in Fort Pierce for $48,500 (training, living and a 4 yr degree), with a cosigner (good credit, just haven't had credit long enough)... Well with a fairly reasonable interest rate of 5.78%...the loan will take my 15 years to pay off (180 months) I will end up paying Key Bank...$79,399.80 when all is said and done. Thats roughly $30,899.80 in just interest. I hope my medical doesn't fail me... [/ QUOTE ] [ QUOTE ] WOW thats a lot in interest...never realize how much it is until you actually see it like that. [/ QUOTE ] I don't even have to say anything, do I????