Posted 1/19/2019 11:11 (#7255953 - in reply to #7255899) Subject: RE: 21,000 reasons for FSA
USA
Deere6 - 1/19/2019 09:45
Yes, so it allows a beginning farmer to borrow 1.2 million with more less 2.5% down, just as I said.
Your wrong on your numbers Is 5% down on $1.2 million not 2.5%. Also need to have $1.4 million purchase with 5% down to have use of full $600,000. Is 45% max of total.