Got the dash done in the Cadillac, the 3" almost look factory if you glance at them now.

I think I'm just going to drive the Cadillac with slightly worn out front struts for now until I can do a thousand damn dollars for whole new struts/shocks/mounts.

Damn Cadillac engineering.

580$ for a single OEM replacement front strut. 300$ for a set of Arnott passive front struts...

Gonna need new tires before winter too, so new struts, tires, alignment after the struts... There goes a friggin 1000$.

I miss my Caddy.

I'm loving the car, except when something is broken...

Alright, so

$250,000 home

30 year mortgage

8.5% APR

PMT = PVA / [(1-((1.00708333)^-360)/.00708333]

Payments = $1,922.28 per month

therefore

1922.28 * 12 * 1.00708333 * 30 = 696821.10

So, after the thirty years you essentially pay the bank $696,821.10 for a $250,000 piece of property?

(No, not buying a house, Finance Homework)

Next gen Escalade is going Lambda

300$ for new struts, 200$ for new tires, 50$ for beer for the install, 75$ for the alignment...

Lube please.

Anyone need a small rack amp? ART SLA-1 I'll let go for 130 shipped OBO... It hasn't been used for probably a year and don't have any immediate plans for it either so its laying around taking up space.

The struts can wait to be replaced though, would be nice to have new ones but they aren't that bad.

WOW that is a chunk of change for those struts my friend. Passive sounds good!

lol

$200 for some tires is cheap!

Alright, so

$250,000 home

30 year mortgage

8.5% APR

PMT = PVA / [1-((1.00708333)^-360)]

Payments = $1,922.28 per month

therefore

1922.28 * 12 * 1.00708333 * 30 = 696821.10

So, after the thirty years you essentially pay the bank $696,821.10 for a $250,000 piece of property?

(No, not buying a house, Finance Homework)

Big down payments are nice things

And hell, with the way the Fed's been acting, it'll probably be a decade or more before we see 8.5% rates again...for better or worse...

WOW that is a chunk of change for those struts my friend. Passive sounds good!

lol

Active ride control shit.

Alright, so

$250,000 home

30 year mortgage

8.5% APR

PMT = PVA / [1-((1.00708333)^-360)]

Payments = $1,922.28 per month

therefore

1922.28 * 12 * 1.00708333 * 30 = 696821.10

So, after the thirty years you essentially pay the bank $696,821.10 for a $250,000 piece of property?

(No, not buying a house, Finance Homework)

Big down payments are nice things

Wow, you mean my math was right?

Yep, looks right...

cool

also

fuck banks

god damnit thats a shit load of ass reaming

basically get a 15 year mortgage, or buy the property outright in one fell swoop

Yeah, but put 20% down and it drops by almost $140k..

Yeah, but put 20% down and it drops by almost $140k..

true

is it nerdy of me to keep reanalyzing the problem like this?

is it nerdy of me to keep reanalyzing the problem like this?

If more people understood amortization (hell, basic finance in general), I have a feeling our economy wouldn't be quite as fucked as it is...

No, let's pay 1% interest and then wonder why the rate goes up...