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Re: What is more wise? (m) (archive)
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Posted by MIke G in Atl on March 05, 2001 at 09:00:55:

In Reply to: What is more wise? (m) posted by SS on March 04, 2001 at 23:57:27:

If this Payment Shaver is like my credit unions Payment Advantage, with a low monthly payment, then a balloon amount equal to residual value at the end, you will be paying much more interest over the long run. In the case of a BMW its kinda like making payments on a 20000 loan, but paying interest on a 30000 loan

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