Re: I'm a financial idiot - what should i do?
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Quote:
Originally Posted by Raptor
There's your mistake right there 
Thinking of buying a near new car, you can't afford it.
But if you don't like that answer;
Work out what the repayments would be on the 7% loan over at most 5 years, preferably less.
Then redraw it all from the mortgage but increase your repayments by the amount above.
Or conclude you can't afford it.
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Where does he say he can't afford it?? Lol
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