Posted by blackhole49 on March 02, 2015 at 05:48:33 from (71.227.11.148):
In Reply to: truck loan posted by 1955 950 on March 01, 2015 at 17:09:25:
I'm with Seller. Put the money toward the house. The truck is a simple interest loan, the house is a graduated interest loan with most of the interest at the beginning. You will save more actual dollars paying the house off early. If you don't believe, look at your amortization and do the math. As far as the house interest being deductible, I can't see giving away a dollar to save 17 cents.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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