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In the 1970s, the most common household type in the U.S. was a married couple with kids. Things are different now.
I wanted to see how daily patterns emerge at the individual level and how a person’s entire day plays out. So I simulated 1,000 of them.
Use this chart to see how many times over you’ll pay over the original loan amount, given the annual rate and the number of years of paying.
I wondered how common it is for someone to get a divorce. While I’ve touched on the topic before, I’ve never calculated it directly, so I gave it a go.