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Posted By: wabigoon 9 percent interest? - 04/01/24
Is what I'm paying, High, low?
Posted By: EdM Re: 9 percent interest? - 04/02/24
I am at 3% on my 15 year home loan with $200K remaining and paid off come 2032. Zero other debt.
Posted By: 300_savage Re: 9 percent interest? - 04/02/24
Mortgage taken out a while ago and an agricultural operating loan are two different animals
Posted By: IA_fog Re: 9 percent interest? - 04/02/24
9 % for what? Home, operating note? Vehicle?
Posted By: Muffin Re: 9 percent interest? - 04/02/24
Originally Posted by wabigoon
Is what I'm paying, High, low?


Home. High
Car. High

Credit card. Low

Assuming USA debt and not Canada


IMHO
Posted By: Dutch Re: 9 percent interest? - 04/02/24
About the going rate on an operating loan. High on anything else.
Posted By: wabigoon Re: 9 percent interest? - 04/02/24
Farm, operating.
Posted By: dale06 Re: 9 percent interest? - 04/02/24
Today, my brother in Ks said he’s paying just under 10% on his farm operating loan.
Posted By: IA_fog Re: 9 percent interest? - 04/03/24
Originally Posted by wabigoon
Farm, operating.
Bank range 6.5-10
Ag retailers
Some offer 0 for whole farm purchase
Some are 3.9% for fertilizer
Seed can be 0-3.9
Chemicals can be 0-3.9
Posted By: Bullhead Re: 9 percent interest? - 04/08/24
8.5 here in Texas ,8 if over a million
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