Quote:
Originally Posted by alphaman
(I have no experience in purchasing a new boat, luxury item finaced longer that's all I know) don't want another USED boat
The price for the boat I want is $33995 at the most. (Still looking around for a better price).
Ok is it worth it to put 15thousand down on this boat and still finance it for say 10 -12 years. For a lower note. Vs just 10% down and a $300+ note. Plus ins etc.
I'm thinking lower note pay more and pay off earlier?
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http://www.bankrate.com/calculators/...alculator.aspx
You could use this calculator to figure out what your note would be with the different scenarios and decide from there.