services
@moonlightwhisper
Private institutions such as Milo Credit, which have been operating for some time, can now provide Bitcoin loans with an annual interest rate of 9-10% with an LTV of about 50%, while BTC ecosystem native loan platforms such as People's Reserve can reduce the annual interest rate to 3.5% (if the LTV is 33%). If calculated in this way, based on a 15-year mortgage of $500,000, the monthly savings can be about $1,000, and the total interest will be reduced by $190,000.
0 reply
0 recast
0 reaction