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Old 09-05-2018, 05:30 PM   #2534
tmkedmw
Supremacy Member
 
Join Date: Feb 2013
Posts: 5,441
Do nott forget your opportunity cost in the first 10 to 12 mths where they made money from u
True there is opportunity cost in the early days... but one just need to put in 15k only, and not $150k at the start. Only when EIR is high then plonk in the max of $150k to enjoy the high EIR. 150k is about 10x of $15k, so whatever u lose in lower interest rate for the first 9 months or so is well offset by the high EIR that u get with $150k in a month or two. Lazy to do the detail maths, so just give a rough qualitative "calculation".
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