Updated almost 13 years ago on . Most recent reply
ideal payback time??
Hi all,
what is the ideal payback of a 30 year loan? seems like all of the properties ive seen can be paid off in around 9-12 years putting all additional money after expenses towards principal. i know there are unexpected expenses, etc but how long do you see it taking to pay off yours? i'm just curious what everyone else is able to do. i thought a 10 year payoff seemed reasonable but am quite curious what others are experiencing .