News for hackers. Stuff that matters.

A comment on Danes Get 20-Year 0% Mortgages. Parent comment

Re:Danes Get 20-Year 0% Mortgages by ZephyrBlu on Tuesday January 05, 2021 @05:19PM (#25651984)
> You're implying "worrying about" or wanting to know what the monthly payment is on a loan is a bad thing and I don't understand why

I believe what he is actually saying is that most people _only_ care about their monthly payment.

[ Parent | on HN ]
Re:Danes Get 20-Year 0% Mortgages by ncallaway on Tuesday January 05, 2021 @06:05PM (#25652483)
Yes, this seems like the critical distinction.

Caring about the monthly repayment is important.

But so is caring about the interest rate and the principal.

[ Parent | on HN ]