Quote:
Originally Posted by TurtleBoy
And they are wrong in many, probably most, instances. Why finance the fees, taxes, etc. unless you are getting an extremely low, think under 1% equivalent, MF.
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Because .00128MF is 3.07% interest. There are many investments that you can put that down payment money into that will net yield post tax more than 3.07 annually for 3 years. Don’t give the bank a penny more than you have to, take that money instead of giving it to the bank to use, and use it yourself!