AgTalk Home
AgTalk Home
Search Forums | Classifieds (2) | Skins | Language
You are logged in as a guest. ( logon | register )

If you have 250k of cash
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
RCR
Posted 8/25/2023 17:06 (#10375629 - in reply to #10375543)
Subject: RE: If you have 250k of cash


SW Ohio
I think you misunderstood what I mean by prepayment of principal.
Payment due Dec 31, 2023. Instead of waiting til Dec to pay the principal and interest, you pay the principal portion as cash flow allows. No difference in taxes paid on that amount but interest savings can be significant if done months ahead.

I have a payment due dec31,23. Make that payment. Then Jan 1st of 2024, make the principal portion of the payment due Dec 31, 2024.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)