Clean undercarriage Tuesday

[Peter Gozintite]

Thanks.

He worked for the postal service because it was a good job and offered bennies and overtime, which helped them financially. However, he has a degree in business and would like to use that. They have the money for a down payment it sounds like, if the banks come through. They don't like the idea of continuing to rent, especially with the lack of options right now.

Its tough either way right now.

 

[RoyMunson]

My point was I thought you were way high on the percentage. I paid on a mortgage for 10 years, and barely dented the principal.

I think the actual number for me was 32%, but I used this site: Online Loan Amortization Schedule: Printable Home & Auto Loan Repayment Chart

and that was 32% of the payments made over 5 years... not of the total.