Posted by blackhole49 on March 02, 2015 at 05:48:33 from (71.227.11.148):
In Reply to: truck loan posted by 1955 950 on March 01, 2015 at 17:09:25:
I'm with Seller. Put the money toward the house. The truck is a simple interest loan, the house is a graduated interest loan with most of the interest at the beginning. You will save more actual dollars paying the house off early. If you don't believe, look at your amortization and do the math. As far as the house interest being deductible, I can't see giving away a dollar to save 17 cents.
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Today's Featured Article - A Lifetime of David Brown - by Samuel Kennedy. I was born in 1950 and reared on my family�s 100 acre farm. It was a fairly typical Northern Ireland farm where the main enterprise was dairying but some pigs, poultry and sheep were also kept. Potatoes were grown for sale and oats were grown to be used for cattle and horse feeding. Up to about 1958 the dairy cows were fed hay with some turnips and after that grass silage was the main winter feed. That same year was the last in which flax was grown on the farm. Flax provided the fibre which w
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