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Old 05-02-2007, 10:24 PM
somaziro somaziro is offline
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mortgage over 30 years I would pay 141k in interest
6.7 loan over 30 years I would pay 49k in interest
2.7 loan over 30 years I would pay 8k in interest...

so over 30 years I pay about 200k in interest

mortgage over 15 years I pay 63k
6.7 loan over 7 years I pay 9700
2.7 loan over 10 years I pay 2600

so with extra payments I end up paying around 73k

total savings on interest of paying early would be around 125k.

is this what you are getting at?
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