They can take up to 10 years to pay off the loan.
That's not enough to pay off the old loan, which would still have been close to $126,000.
Work out what we need to pay off the loan and fund new development.
Does that make them willing to pay off their parents' loans?
This cash can be used to pay off the loan.
They plan to pay off the 30-year loan with their rent money.
All the uncertainty makes him want to pay off their loans even when he does find new work.
"Then when the mortgage comes through, you can use that to pay off the loan."
Under this plan, it is possible you will not make payments large enough to pay off your loans in 25 years.
This makes it harder for them to pay off their loans.