Invest your Money

AMOUNT BORROWED FOR A RV:	$30,000
TERM OF LOAN:	60 MONTHS
INTEREST RATE ON LOAN:	9%
COST OF BORROWING	$7,364
TOTAL NOTE:	$37,364

MORTGAGE BALANCE:	$200,000
INTEREST RATE:	8%
AMORTIZATION IN YEARS:	25 YEARS
TOTAL INTEREST COST:	$257,929
MORTGAGE PAYMENT:	$1,526.43

PRE-PAYMENT AMOUNT:	$30,000
ADJUSTED MORTGAGE PRINCIPAL:	$170,000
ADJUSTED INTEREST COST:	$236,812.43
REDUCED AMORTIZATION:	16 YEARS, 9 MONTHS

SAVINGS:	$21,116.57
SAVINGS IN MONTHS:	8 YEARS, 3 MONTHS
LESS COST OF BORROWING:	$7,364
NET SAVINGS:	$13,752.57

AMOUNT BORROWED FOR A RV:	$30,000
TERM OF LOAN:	60 MONTHS
INTEREST RATE OF LOAN:	9%
TOTAL INTEREST PAID ON LOAN:	$7,364
TOTAL NOTE:	$37,364

AMOUNT INVESTED:	$30,000
TERM OF INVESTMENT	60 MONTHS
CONSERVATIVE INTEREST ON INVESTMENT:	5%
TOTAL INTEREST PAID ON INVESTMENT	$8,288.45
TOTAL OF AMOUNT INVESTED PLUS INTEREST:	$38,288.45

TOTAL OF AMOUNT INVESTED PLUS INTEREST:	$38,288.45
TOTAL NOTE:	$37,364
THE "TRUE COST" OF PAYING CASH:	9$24.45