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Second2None · 06-07-2009, 03:15 PM

If I save up and drop a 20K down payment into a 40K loan, that leaves me with 20K left correct? I average 7% interest over a 72 month period would be about a 340.98$ payment a month. If i only dropped 15k into it, thats about 426.00 a month on a 72 month loan. This is assuming i save up for about a year, i get 150-200$ extra a month because i'm enrolled native american (half blood) and its my percapita. I would most likely only be able to drop 15k into it though, after taxes i will prolly only make 20k a year, and i think i'd most likely spend around 4-5k of it on just stuff.

Deployment pay sounds good, an extra 500$ a month would be sweet, i don't think i'd spend it on much in the desert any way and would be a great way for me to save money lol.

I have to go eat but i'll be back in a bit haha

06-07-2009, 03:15 PM	#34
Second2None Ya... what He said Drives: Third Gen Join Date: Jun 2009 Location: Wyoming Posts: 14	If I save up and drop a 20K down payment into a 40K loan, that leaves me with 20K left correct? I average 7% interest over a 72 month period would be about a 340.98$ payment a month. If i only dropped 15k into it, thats about 426.00 a month on a 72 month loan. This is assuming i save up for about a year, i get 150-200$ extra a month because i'm enrolled native american (half blood) and its my percapita. I would most likely only be able to drop 15k into it though, after taxes i will prolly only make 20k a year, and i think i'd most likely spend around 4-5k of it on just stuff. Deployment pay sounds good, an extra 500$ a month would be sweet, i don't think i'd spend it on much in the desert any way and would be a great way for me to save money lol. I have to go eat but i'll be back in a bit haha __________________ *~I gotta make my tail lights pretty, that's all most people will see of my Camaro~*