What to watch out for in ‘Buy Now, Pay Later’ schemes

More people are turning to the scheme because of inflation
The short-term loans often come with consumer-friendly interest rates
Expert: 'Read the fine print' in the scheme to make sure they're reasonable

Updated: May 11, 2024 / 04:55 PM CDT

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This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

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This is the yearly tax you pay on your property.

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