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0 pointsnecovek8mo ago0 comments

$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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deepsun8mo 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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0 pointsnecovek8mo ago0 comments

$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)

0 comments

deepsun8mo 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

j / k navigate · click thread line to collapse