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necovek
0y ago
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$5k/month or $60k/year is roughly 6% of annual conformal interest rate — is there any bank that will provide that much return in USA today? (There are investment funds which usually do, but there are no guarantees there)
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deepsun
0y ago
I used AFR [1] that are from 4% to 5%. One cannot give loans lower than that. Any mortgage is higher than that.
[1]
https://www.irs.gov/applicable-federal-rates
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