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Old 11-08-2007   #6
ABV
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Who Wants To Be A Millionaire Champion!
Join Date: Oct 2003
Location: Minneapolis, MN
Posts: 939
Re: Wells Fargo(Vent)

I'm just guessing at these numbers, I'm not sure what yours are, but here's an example.

$5000 loan at 7% interest over 120 months gives you a payment of $58.05 per month. The total paid over the life of the loan would be $6966

That might be a little high, but it's not unreasonable for only paying $58.05 per month. Like I said, make those double payments and you'll be money ahead in the end.
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