ST Alpha - "best thing to do is to plot out the amortization tables in excel and compare the different scenarios. -- nm" (Reading a Post)

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In response to "it'll help in the long run, sure" by znufrii

best thing to do is to plot out the amortization tables in excel and compare the different scenarios. -- nm

Posted by znufrii Sep 9 '13, 09:36

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Responses:

best thing to do is cover your monthly expenses as best you can. the long run isn't important here. -- nm - amanda hk Sep 9, 09:38 5
- even in the short run, it's about $150-200 more being spent on interest a month instead of paying down principal to free up $400 a month in cash flow - znufrii Sep 9, 09:47 3
  - the money spent on interest a month is irrelevant for this exercise. - groiny Sep 9, 09:49 2
    - while your IM may be entirely true, including a discussion of costs in decisions about cash flow are by no means irrelevant. -- nm - znufrii Sep 9, 10:07
    - right -- nm - Don Homer Sep 9, 09:51
- yeah, it is no fun stressing for 6 months on how you are going to feed your kids. nm -- nm - groiny Sep 9, 09:39

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