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Post# of 700081
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LessIsMore

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LessIsMore

Re: Poor Man - post# 575549

Saturday, 03/11/2023 10:37:25 AM

Saturday, March 11, 2023 10:37:25 AM

Post# of 700081
you come to 33.25% percent.

PM please don't go there, I did this for a living for way too long.

Keep in mind we're talking about ANNUAL INTEREST RATE. Your 33.25% is 20 months in duration.

I have a detailed amortization schedule and I'm confident in my numbers. I do wish I had a copy of the loan agreement to fully understand this 10% premium.
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