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| Yep usually the way it works -- both of us would qualify for the beginning farmer loan program - 5% down fsa does 45% up to 1/2 mill then local bank would do the rest. However if you have cash for downpayment you have to factor oppertunity cost too -- so are there other things that could make x % on the money (prepaying inputs ect) so I think you still have to factor the whole amount. I just used their rate in my example spreadsheet. | |
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