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StevenL · December 4th, 2003, 11:07

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Dude! How much do you have in loans?

A $40K loan for 15 years works out to a little over $250 when you add interest.

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My $10K flight training loan at 8.5% and 4 years is only $98 a month.

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My math's not the best, but these numbers don't make sense to me. 40k for 15 years would have to be in the $300+/mo range, unless you get a really low rate. And a 10k loan for 4 years only $98/mo. Maybe a typo.

December 4th, 2003, 11:07	#23
StevenL Junior Member Join Date: Mar 2001 Location: Western New York Posts: 59	Re: Financing Training [ QUOTE ] Dude! How much do you have in loans? A $40K loan for 15 years works out to a little over $250 when you add interest. [/ QUOTE ] [ QUOTE ] My $10K flight training loan at 8.5% and 4 years is only $98 a month. [/ QUOTE ] My math's not the best, but these numbers don't make sense to me. 40k for 15 years would have to be in the $300+/mo range, unless you get a really low rate. And a 10k loan for 4 years only $98/mo. Maybe a typo.