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Anonymous

14 Nov 2020

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If my auto loan is $20k, 6.64% APR over 6 years, I can justify not paying it off (paying the extra $5,659 over 72 months) only unless I see returns elsewhere on $20k that are over +6.64% each year?

Correct me if I'm wrong. Thank you.

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Jiayee

14 Nov 2020

Salaryman at some company

Hmm, but you need to pay off some amount each month, right? Can't just calculate based on $20,000 over 6 years.

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