# Tag Info

Accepted

### 0 APR Promotional Offer For Credit Cards

Would you be able to get the same promotional offer again? You can't get the promotional offers on the same card immediately, and some are once in a lifetime. You might be able to string together ...
• 70.8k

### What happens after "3.9% APR Financing for 36 Months"?

Usually, what it means is that the 3.9% APR is offered for a loan with the given term. I.e.: if you get a 5 year auto loan, it would have a different APR, not the 3.9% advertised. If you want the 3.9% ...
• 180k

### Should I pay off mortgage or invest in CD?

Assume I have \$50,000 loan that I could pay off (2.875 rate) which I could invest in CD with 5.5 rate for 12 months, could anyone please tell me what would be the correct calculations? Thanks! ...
• 70.8k

### What happens after "3.9% APR Financing for 36 Months"?

I have recently seen many car dealers with ads that say "3.9% APR Financing for 36 Months" and similar. That phrasing x% for Y months is typical of car dealers, banks , and lenders. They ...
• 143k

### 0 APR Promotional Offer For Credit Cards

There is already a great answer here, but I'd like to add something that is slightly more than a comment. You wrote: what happens if you cancel the card later (with no remaining balance) and would ...
• 201

### Should I pay off mortgage or invest in CD?

I think you have a decided advantage with the limited duration of 12 months on the CD. The difference between the rates is minor, but not insignificant, especially when you consider the return on ...
• 879

### Should I pay off mortgage or invest in CD?

I actually made a google sheet comparing basically what you are talking about a while ago. The sheet isn't perfect and there are some missing variables but you can sort of see what math is involved in ...
• 424

### 0 APR Promotional Offer For Credit Cards

I previously managed several credit cards, often getting one with a 0 APR ahead of big expenses. Some banks offered cash rewards for meeting spending targets in the initial 3 months, allowing me to ...
• 347

### What happens after "3.9% APR Financing for 36 Months"?

I have recently seen many car dealers with ads that say "3.9% APR Financing for 36 Months" and similar. Yes, quite common. Fixed-rate APRs are generally assumed unless otherwise specified. ...
• 8,573
Accepted

### Confusion with payment calculation for fixed payments on fixed interest loan

It's simply how interest rates are quoted - they're quoted as an annualized rate but they are applied monthly, hence the X/12%. It does not mean that you accrue exactly X% over the year if you do not ...
• 139k
Accepted

### If APY factors compounding (while APR doesn't), shouldn't APY always be higher than APR?

Why is this lower? Does the APY for amortization schedules work differently (because interest is front-loaded or whatever)? But since the loan only lasts one year, how would that even make a ...
• 70.8k
1 vote

### Should I pay off mortgage or invest in CD?

I am a no debt guy, and with the current market situation I would invest in CDs, t-bills or bonds rather than pay off my mortgage. Buying those instruments through a broker like Fidelity is easy and ...
• 77.6k

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