Forum Discussion
NYCgrrl
Oct 27, 2015Explorer
You are 70 and and it sounds like you are still working. How old is your SO and what is their employment status? Should there be a 5-6 or more age difference you need to take that into account as well.
Keeping just the info you listed in mind if you finance 35K for 5 years accepting that you'll now be paying up to 7.75K per year (depends on the interest rate of course) and it doesn't eat into your capitol too much sounds doable to me. I'd prolly up my insurance to cover the cost on the loan and incur that minimal expense as well.
HTH.
Keeping just the info you listed in mind if you finance 35K for 5 years accepting that you'll now be paying up to 7.75K per year (depends on the interest rate of course) and it doesn't eat into your capitol too much sounds doable to me. I'd prolly up my insurance to cover the cost on the loan and incur that minimal expense as well.
HTH.
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