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Originally Posted by kylejdavidson
Quote:
Originally Posted by F87LUV
I'm not sure if it matters or if they based it off of the M3 but penfed is using a 67% residual for 36 and 49% for 60 months.  |
WHOA...really? On an M3, the calculator is showing me residuals of about 51% on 36 months and 32% for 60 months. What am I doing wrong? |
I have no idea what the difference is but the balloon for a 36 month term was 40k and 60 month was 28k. Not sure what their rhyme or reason was.