Re: Post for Finance/Number Smarties 1.9% vs 6% - Saab General Bulletin Board - Saabnet.com
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Re: Post for Finance/Number Smarties 1.9% vs 6%
Posted by OKSaabs (more from OKSaabs) on Wed, 13 Jul 2005 11:50:32
In Reply to: Post for Finance/Number Smarties 1.9% vs 6%, Scott Paterson
[Profile/Gallery]
, Wed, 13 Jul 2005 11:09:19
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Well, just eyeballing, your interest would be 3X as high with the home equity loan. So in order to recover 2/3 of you interest, your combined federal/state tax rate would have to be about 67%.
But I'm an English Professor; we're not known for out mathematical skills.
posted by 164.58.11...
Posts in this Thread:
- Post for Finance/Number Smarties 1.9% vs 6%, Scott Paterson
, Wed, 13 Jul 2005 11:09:19- $1,100 savings for 24 months, Mike Lynch
, Fri, 15 Jul 2005 13:36:21 - Chasing the free money, OKSaabs, Wed, 13 Jul 2005 14:51:23
- Need to make sure the 1.9% rate is really the ...., TKC, Wed, 13 Jul 2005 12:22:07
- Re: Just a thought, AeroDave, Wed, 13 Jul 2005 11:55:59
- Re: Post for Finance/Number Smarties 1.9% vs 6%, OKSaabs, Wed, 13 Jul 2005 11:50:32 <-- Viewing This Message
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