For those of you paying back aviation loans

smokey1

Well-Known Member
A. How much did you borrow?

B. What is the intrest rate?

C. How many years did you get financed for?

D. What are the monthly payments?
 

fucius

Well-Known Member
Borrowed about 60000-65000 for flight school...
The interest rate varies from about 4-9%...
Scheduled to pay them back over a 15-20 year period...
and I'm currently paying on about 75% of them, in the amount of approx. $500 per month...
But I don't mind investing in myself!
... ,"see now I'm washing lettuce, next year I'll be on the grill... and in two or three years I'll make FO... and that's when the big bucks start rollin' in!"
 

ScorpionStinger

Well-Known Member
[ QUOTE ]
A. How much did you borrow?

B. What is the intrest rate?

C. How many years did you get financed for?

D. What are the monthly payments?

[/ QUOTE ]







I don't have a loan out .. but i do know the answers to your Question !!


A: IF you Borrowed ALOT
D: Your Monthly payments will be ALOT
C: Normally people Finance for ALOT of years
B: Your Interest rate isn't ALOT but For the amount of years people pay these loans. To me, It's ALOT.
 

Sprint100

Well-Known Member
[ QUOTE ]
[ QUOTE ]


I don't have a loan out .. but i do know the answers to your Question !!


A: IF you Borrowed ALOT
D: Your Monthly payments will be ALOT
C: Normally people Finance for ALOT of years
B: Your Interest rate isn't ALOT but For the amount of years people pay these loans. To me, It's ALOT.


[/ QUOTE ]

LOL And that's the truth...RUTH!!!!
 
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