Your parents wont live long enough to get it all back at 100 bucks a month , especially with the interesrt accruing every month.
$ 500,000 divided by $ 100 a month equals $ 50,000 months.
NObody lives 50,000 months and that's just the principal , not including the interest.
Who the hell would be stupid enough to agree to such a loan as this ?
IIN my siblings are paying my parents 100 a month on a 500k loan?
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Your parents wont live long enough to get it all back at 100 bucks a month , especially with the interesrt accruing every month.
$ 500,000 divided by $ 100 a month equals $ 50,000 months.
NObody lives 50,000 months and that's just the principal , not including the interest.
Who the hell would be stupid enough to agree to such a loan as this ?
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Anonymous Post Author
6 years ago
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Parents who are being taken advantage of by two of their kids.