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@josephchang1647
6 жыл бұрын
Bravo, this was explained to perfection, something I never thought I'd say about a loan repayment video.
@soothingrelaxationmusic7902
11 ай бұрын
Thank you for actually giving some examples. Many videos out there explain it without doing the math on actual examples. You have empowered me to understand my own student loans now and make a plan to pay them off sooner. Thank you so much for your videos!
@lSomeRandomGuyl
3 жыл бұрын
So what you're saying is I'm screwed
@philipsavage4396
5 жыл бұрын
capitalization should be illegal. It's so blatantly unfair.
@bmartinez901
3 жыл бұрын
You did a great job of explaining this.
@ThreeOaksWealth
10 ай бұрын
Thanks
@phoenix78240
5 жыл бұрын
That's just horrible.
@rayl2354
4 жыл бұрын
thank you brilliant explanation
@user-cv3fu6xv5c
6 жыл бұрын
Great explanation, thanks!
@tasneemtarannum5039
3 жыл бұрын
Thanks, I somewhat understand capitalization now. But is interest capitalized every 5 months or after the initial period of 5 months, it’s capitalized every month?
@ThreeOaksWealth
10 ай бұрын
Capitalization is only triggered upon certain events. Like switching repayment programs, for example.
@JasonEyestone
5 жыл бұрын
Very well explained 👍🏼
@gazelle1991
6 жыл бұрын
Quick question, if your accrued interest is $200k on a $200k loan, do you have to pay taxes on the whole accrued interest amount or is it capped at 10% under PAYE?
@modernedgebowling9045
5 жыл бұрын
So in other words you are better off getting a personal loan with a higher interest and is applied only once on the loan amount versus this accruing unncapitalized interested?
@RainbowManification
4 жыл бұрын
Good luck finding a bank to give you a loan when your 18 years old, fresh out of high school with no credit.
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