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Cattle Boards
Beginners Board
Loan or grow?
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<blockquote data-quote="ddd75" data-source="post: 1481467" data-attributes="member: 23575"><p>well.. you can wait 8.. 10.. 15 years to build up your herd.. or if you are like me.. don't see that ever penciling out.. then just get the loan, go buy your cattle, and then make your payment. most cattle loans for brood cows are 7 years.</p><p></p><p>50k loan for around 25 hd. will run around 8850/yr. with 36 calves to take in you should be able to easily make your payment.</p></blockquote><p></p>
[QUOTE="ddd75, post: 1481467, member: 23575"] well.. you can wait 8.. 10.. 15 years to build up your herd.. or if you are like me.. don't see that ever penciling out.. then just get the loan, go buy your cattle, and then make your payment. most cattle loans for brood cows are 7 years. 50k loan for around 25 hd. will run around 8850/yr. with 36 calves to take in you should be able to easily make your payment. [/QUOTE]
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