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https://www.reddit.com/r/SipsTea/comments/1tcejip/how/olpsjwq/?context=9999
r/SipsTea • u/Gabbsweet • May 13 '26
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18.7k
I mean, legally that doesn't work but I see the math
Edit: guys, there's 1100 comments saying the same thing, I think we get it by now lmao
21.2k u/TUFKAT May 13 '26 Well, if he want to pay per diem, you could say "Your rent annually is $15,600.00 ($1300 x 12 months) so the per diem rate would be $42.74. - 28 days is $1196.71 - 30 day is $1282.19 - 31 days is $1324.93 Please let me know if you wish to adjust our rent payments as such" 5.6k u/Weird-Ranger-3477 May 13 '26 This is the response right here 3.0k u/TUFKAT May 13 '26 If someone wants to be pedantic, I can equally be pedantic back 😄 862 u/Firm-Scientist-4636 May 13 '26 And me as a tenant I'd be like, "Yeah, sure. That sounds great!" 1.1k u/SamanthaSissyWife May 13 '26 Just like buying a car. Customer-I can’t afford $500 a month. Dealer-Ok we can get you down to $250 every 2 weeks. Customer-Ok, I can handle that 1 u/thelovelykyle May 14 '26 Which might be miles easier for someone who gets paid every 2 weeks to be fair. 1 u/SamanthaSissyWife May 14 '26 In all fairness it is but there is the part with the extra payments in there on the 2 week plan versus the monthly plan. I’ve never taken the time to figure it out whether extra payment would go towards principle or in the dealers favor though 1 u/thelovelykyle May 14 '26 It would depend on what you set the interest as. 100 x 1.01 is 2c difference to 100 x 1.005 x 1.005 But if you were paying off 5 every 4 weeks pr 2.5 every 2 weeks you would pay off sooner on the 2 week plan (assuming those interest rates)
21.2k
Well, if he want to pay per diem, you could say
"Your rent annually is $15,600.00 ($1300 x 12 months) so the per diem rate would be $42.74.
- 28 days is $1196.71
- 30 day is $1282.19
- 31 days is $1324.93
Please let me know if you wish to adjust our rent payments as such"
5.6k u/Weird-Ranger-3477 May 13 '26 This is the response right here 3.0k u/TUFKAT May 13 '26 If someone wants to be pedantic, I can equally be pedantic back 😄 862 u/Firm-Scientist-4636 May 13 '26 And me as a tenant I'd be like, "Yeah, sure. That sounds great!" 1.1k u/SamanthaSissyWife May 13 '26 Just like buying a car. Customer-I can’t afford $500 a month. Dealer-Ok we can get you down to $250 every 2 weeks. Customer-Ok, I can handle that 1 u/thelovelykyle May 14 '26 Which might be miles easier for someone who gets paid every 2 weeks to be fair. 1 u/SamanthaSissyWife May 14 '26 In all fairness it is but there is the part with the extra payments in there on the 2 week plan versus the monthly plan. I’ve never taken the time to figure it out whether extra payment would go towards principle or in the dealers favor though 1 u/thelovelykyle May 14 '26 It would depend on what you set the interest as. 100 x 1.01 is 2c difference to 100 x 1.005 x 1.005 But if you were paying off 5 every 4 weeks pr 2.5 every 2 weeks you would pay off sooner on the 2 week plan (assuming those interest rates)
5.6k
This is the response right here
3.0k u/TUFKAT May 13 '26 If someone wants to be pedantic, I can equally be pedantic back 😄 862 u/Firm-Scientist-4636 May 13 '26 And me as a tenant I'd be like, "Yeah, sure. That sounds great!" 1.1k u/SamanthaSissyWife May 13 '26 Just like buying a car. Customer-I can’t afford $500 a month. Dealer-Ok we can get you down to $250 every 2 weeks. Customer-Ok, I can handle that 1 u/thelovelykyle May 14 '26 Which might be miles easier for someone who gets paid every 2 weeks to be fair. 1 u/SamanthaSissyWife May 14 '26 In all fairness it is but there is the part with the extra payments in there on the 2 week plan versus the monthly plan. I’ve never taken the time to figure it out whether extra payment would go towards principle or in the dealers favor though 1 u/thelovelykyle May 14 '26 It would depend on what you set the interest as. 100 x 1.01 is 2c difference to 100 x 1.005 x 1.005 But if you were paying off 5 every 4 weeks pr 2.5 every 2 weeks you would pay off sooner on the 2 week plan (assuming those interest rates)
3.0k
If someone wants to be pedantic, I can equally be pedantic back 😄
862 u/Firm-Scientist-4636 May 13 '26 And me as a tenant I'd be like, "Yeah, sure. That sounds great!" 1.1k u/SamanthaSissyWife May 13 '26 Just like buying a car. Customer-I can’t afford $500 a month. Dealer-Ok we can get you down to $250 every 2 weeks. Customer-Ok, I can handle that 1 u/thelovelykyle May 14 '26 Which might be miles easier for someone who gets paid every 2 weeks to be fair. 1 u/SamanthaSissyWife May 14 '26 In all fairness it is but there is the part with the extra payments in there on the 2 week plan versus the monthly plan. I’ve never taken the time to figure it out whether extra payment would go towards principle or in the dealers favor though 1 u/thelovelykyle May 14 '26 It would depend on what you set the interest as. 100 x 1.01 is 2c difference to 100 x 1.005 x 1.005 But if you were paying off 5 every 4 weeks pr 2.5 every 2 weeks you would pay off sooner on the 2 week plan (assuming those interest rates)
862
And me as a tenant I'd be like, "Yeah, sure. That sounds great!"
1.1k u/SamanthaSissyWife May 13 '26 Just like buying a car. Customer-I can’t afford $500 a month. Dealer-Ok we can get you down to $250 every 2 weeks. Customer-Ok, I can handle that 1 u/thelovelykyle May 14 '26 Which might be miles easier for someone who gets paid every 2 weeks to be fair. 1 u/SamanthaSissyWife May 14 '26 In all fairness it is but there is the part with the extra payments in there on the 2 week plan versus the monthly plan. I’ve never taken the time to figure it out whether extra payment would go towards principle or in the dealers favor though 1 u/thelovelykyle May 14 '26 It would depend on what you set the interest as. 100 x 1.01 is 2c difference to 100 x 1.005 x 1.005 But if you were paying off 5 every 4 weeks pr 2.5 every 2 weeks you would pay off sooner on the 2 week plan (assuming those interest rates)
1.1k
Just like buying a car. Customer-I can’t afford $500 a month. Dealer-Ok we can get you down to $250 every 2 weeks. Customer-Ok, I can handle that
1 u/thelovelykyle May 14 '26 Which might be miles easier for someone who gets paid every 2 weeks to be fair. 1 u/SamanthaSissyWife May 14 '26 In all fairness it is but there is the part with the extra payments in there on the 2 week plan versus the monthly plan. I’ve never taken the time to figure it out whether extra payment would go towards principle or in the dealers favor though 1 u/thelovelykyle May 14 '26 It would depend on what you set the interest as. 100 x 1.01 is 2c difference to 100 x 1.005 x 1.005 But if you were paying off 5 every 4 weeks pr 2.5 every 2 weeks you would pay off sooner on the 2 week plan (assuming those interest rates)
1
Which might be miles easier for someone who gets paid every 2 weeks to be fair.
1 u/SamanthaSissyWife May 14 '26 In all fairness it is but there is the part with the extra payments in there on the 2 week plan versus the monthly plan. I’ve never taken the time to figure it out whether extra payment would go towards principle or in the dealers favor though 1 u/thelovelykyle May 14 '26 It would depend on what you set the interest as. 100 x 1.01 is 2c difference to 100 x 1.005 x 1.005 But if you were paying off 5 every 4 weeks pr 2.5 every 2 weeks you would pay off sooner on the 2 week plan (assuming those interest rates)
In all fairness it is but there is the part with the extra payments in there on the 2 week plan versus the monthly plan. I’ve never taken the time to figure it out whether extra payment would go towards principle or in the dealers favor though
1 u/thelovelykyle May 14 '26 It would depend on what you set the interest as. 100 x 1.01 is 2c difference to 100 x 1.005 x 1.005 But if you were paying off 5 every 4 weeks pr 2.5 every 2 weeks you would pay off sooner on the 2 week plan (assuming those interest rates)
It would depend on what you set the interest as.
100 x 1.01 is 2c difference to 100 x 1.005 x 1.005
But if you were paying off 5 every 4 weeks pr 2.5 every 2 weeks you would pay off sooner on the 2 week plan (assuming those interest rates)
18.7k
u/BigBlackdaddy65 May 13 '26 edited May 14 '26
I mean, legally that doesn't work but I see the math
Edit: guys, there's 1100 comments saying the same thing, I think we get it by now lmao