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IndianaPilot · February 9th, 2005, 18:21

Yeah Steve i see what your saying. I went to that loan calculator....it's very alarming lol. The only thing I dont understand, is how they come up with the minimum salary you need in order to afford to pay the loan off. I mean, there are many people out there, CFI's, regional FO's, or anybody that is out of college for that matter...that have very poor paying jobs and are somehow making it. There is something that I think we are missing.....I mean...there is a way to survive......theres a lot of living, walking proof out there of that. I mean.....myself. I have a loan out that i used for my private, plus i have a big truck payment. And i still rent aircraft a few times a month to go fly. I make only 30,000/yr at the fire dept, and i am comfortable. Still have some to put away, and i'm able to do everything i want.

February 9th, 2005, 18:21	#16
IndianaPilot Senior Member Join Date: Jan 2005 Location: Indiana Posts: 424	Re: How difficult is it to get financing? Yeah Steve i see what your saying. I went to that loan calculator....it's very alarming lol. The only thing I dont understand, is how they come up with the minimum salary you need in order to afford to pay the loan off. I mean, there are many people out there, CFI's, regional FO's, or anybody that is out of college for that matter...that have very poor paying jobs and are somehow making it. There is something that I think we are missing.....I mean...there is a way to survive......theres a lot of living, walking proof out there of that. I mean.....myself. I have a loan out that i used for my private, plus i have a big truck payment. And i still rent aircraft a few times a month to go fly. I make only 30,000/yr at the fire dept, and i am comfortable. Still have some to put away, and i'm able to do everything i want.